Meaning of fiat money | Babel Free
Definitions
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.
countable, uncountable
Equivalents
Español
moneda fiduciaria
Français
monnaie fiduciaire
Italiano
moneta fiat
Português
moeda fiduciária
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.