2. / Dictionary
  3. / Index F

fiat money: Meaning and Definition of

fi'at mon"ey

Pronunciation: [key]
  1. paper currency made legal tender by a fiat of the government, but not based on or convertible into coin.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
fiat lux* fib
sandbbox logo
©2022 Sandbox Networks Inc. All rights reserved. Sandbox Learning is part of Sandbox & Co., a digital learning company.