fiat money

noun

Definitions

  1. 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.

The neighborhood

Vish — recursive loop

No curated loop yet for fiat money. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA