HyperDic: fiat_money

English > 1 sense of the expression fiat money:
NOUNpossessionfiat moneymoney that the government declares to be legal tender although it cannot be converted into standard / standard specie
English > fiat money: 1 sense > noun 1, possession
Meaningmoney that the government declares to be legal tender although it cannot be converted into standard / standard specie.
Broaderpaper money, folding money, paper currencycurrency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie
Spanishcirculación fiduciaria, papel moneda
Catalanvalor fiduciari

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