FIAT MONEY

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does fiat money mean? 

• FIAT MONEY (noun)
  The noun FIAT MONEY has 1 sense:

1. money that the government declares to be legal tender although it cannot be converted into standard specie

  Familiarity information: FIAT MONEY used as a noun is very rare.

 Dictionary entry details 

• FIAT MONEY (noun)

Sense 1

Meaning:

Money that the government declares to be legal tender although it cannot be converted into standard specie

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("fiat money" is a kind of...):

folding money; paper currency; paper money (currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie)