Definitions for fiat currency

This page provides all possible meanings and translations of the word fiat currency

Wiktionary

  1. fiat currency(Noun)

    Money that has indirect market value or is given legal tender status by government fiat.

Freebase

  1. Fiat money

    Fiat money is currency which derives its value from government regulation or law. It differs from commodity money, which is based on a good, often a precious metal such as gold or silver, which has uses other than as a medium of exchange. The term derives from the Latin fiat. The first use of fiat money has been recorded in China around 1000 AD. Since then, it has been used intermittently by various countries, concurrently with commodity currencies.

Translation

Find a translation for the fiat currency definition in other languages:

Select another language:

Discuss these fiat currency definitions with the community:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"fiat currency." Definitions.net. STANDS4 LLC, 2014. Web. 2 Aug. 2014. <http://www.definitions.net/definition/fiat currency>.

Are we missing a good definition for fiat currency?


The Web's Largest Resource for

Definitions & Translations


A Member Of The STANDS4 Network


Nearby & related entries:

Alternative searches for fiat currency: