fiat money


fiat money

noun

Definition of FIAT MONEY

:  money (as paper currency) not convertible into coin or specie of equivalent value

First Known Use of FIAT MONEY

1876

Browse

Next Word in the Dictionary: fib (noun)
Previous Word in the Dictionary: fiat
All Words Near: fiat money

Seen & Heard

What made you want to look up fiat money? Please tell us where you read or heard it (including the quote, if possible).

Get Our Free Apps
Voice Search, Favorites,
Word of the Day, and More
Join Us on FB & Twitter
Get the Word of the Day and More