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fiat money

Translation
fiat money
Money that is given legal value or made legal tender for money debts by government fiat.

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  • Fiat money — Fiat Fi at, n. [L., let it be done, 3d pers. sing., subj. pres., fr. fieri, used as pass. of facere to make. Cf. {Be}.] 1. An authoritative command or order to do something; an effectual decree. [1913 Webster] His fiat laid the corner stone.… …   The Collaborative International Dictionary of English

  • fiat money — 1> ам. неразменные бумажные деньги …   Новый большой англо-русский словарь

  • fiat money — amer. бумажные деньги (не обеспеченные золотом) …   Англо-русский словарь Мюллера

  • Fiat money — Yuan dynasty banknotes were the earliest fiat money. Fiat money is money that has value only because of government regulation or law. The term derives from the Latin fiat, meaning let it be done , as such money is established by government decree …   Wikipedia

  • Fiat Money — Currency that a government has declared to be legal tender, despite the fact that it has no intrinsic value and is not backed by reserves. Historically, most currencies were based on physical commodities such as gold or silver, but fiat money is… …   Investment dictionary

  • Fiat-Money — Heute sich im Umlauf befindende Banknoten und Münzen sind in der Regel Fiatgeld. Assignat über 500 Livres von 1794 …   Deutsch Wikipedia

  • Fiat Money — Heute sich im Umlauf befindende Banknoten und Münzen sind in der Regel Fiatgeld. Assignat über 500 Livres von 1794 …   Deutsch Wikipedia

  • Fiat money — Heute sich im Umlauf befindende Banknoten und Münzen sind in der Regel Fiatgeld. Assignat über 500 Livres von 1794 …   Deutsch Wikipedia

  • fiat money — paper currency made legal tender by a fiat of the government, but not based on or convertible into coin. [1870 75, Amer.] * * * …   Universalium

  • fiat money — noun Date: 1876 money (as paper currency) not convertible into coin or specie of equivalent value …   New Collegiate Dictionary