fiat money
fiat money · fiat moneys · fiat monies
фидуциарные деньги, фиатные
A type of currency that a government declares as legal tender, deriving its value from…A type of currency that a government declares as legal tender, deriving its value from public trust and regulatory decree rather than any intrinsic worth from commodities, such as gold.
Meaning
1 senses(countable, uncountable)A type of currency that a government declares as legal tender, deriving its value from public trust and regulatory decree rather than any intrinsic worth from commodities, such as gold.
фидуциарные деньгиfiduciarnyje denʹgi, фиатныеfiatnyje
money that the government declares to be legal tender although it cannot be converted into standard specie
Translations
6 languagesРусский
By meaning 1
money that is given a legal value:
Forms
plural: fiat moneys / fiat monies| Singular | fiat money |
|---|---|
| Plural | fiat moneys / fiat monies |
regular
Synonyms
1 synonymsLessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable