VDict - Definition of fiat money

English - English (Wordnet) dictionary (also found in English - Vietnamese, )

fiat money

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Noun

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

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Words contain "fiat money" in its definition in English - English (Wordnet) dictionary:
gresham's law money dinar peso fiat rupee purse solicitation shilling rial more...

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