fiat money
noun
: money (such as paper currency) not convertible into coin or specie of equivalent value
Examples of fiat money in a Sentence
Recent Examples on the Web
In short, all three are properties of money, without the guarantees of governments and central banks that fiat money comes with.
—
Zain Jaffer, Rolling Stone, 12 Mar. 2024
The collapse of the fiat money system and the accompanying welfare-warfare state also provide an opportunity for those of us who understand the truth to build a society based around the principles of liberty.
—Ron Paul, Orange County Register, 5 Mar. 2024
The overreliance on credit cards and the accompanying increase in consumer debt are consequences of our fiat money system.
—Ron Paul, Orange County Register, 5 Mar. 2024
This shift toward dollarization—where locals prefer assets like USDC over fiat money—has implications far beyond financial convenience.
—Justin Doom, Fortune Crypto, 8 Oct. 2023
Coinbase intends to make NFT trading even more accessible by allowing buyers to pay for NFT items with fiat money with Mastercard’s help.
—Chris Smith, BGR, 19 Jan. 2022
The failure of both banks could leave cryptocurrency companies without some of the round-the-clock payment networks used to convert digital currencies into fiat money.
—Nicholas Gordon, Fortune, 15 Mar. 2023
Investigators will also search for where the crypto came from; some victims will have sent fiat money and others digital currencies.
—Luisa Beltran, Fortune, 21 Dec. 2022
The norm now is fiat money, which has no intrinsic value and is not backed by anything that does.
—Cody Cottier, Discover Magazine, 10 Apr. 2021
Zain Jaffer, Rolling Stone, 12 Mar. 2024
The collapse of the fiat money system and the accompanying welfare-warfare state also provide an opportunity for those of us who understand the truth to build a society based around the principles of liberty.
—Ron Paul, Orange County Register, 5 Mar. 2024
The overreliance on credit cards and the accompanying increase in consumer debt are consequences of our fiat money system.
—Ron Paul, Orange County Register, 5 Mar. 2024
This shift toward dollarization—where locals prefer assets like USDC over fiat money—has implications far beyond financial convenience.
—Justin Doom, Fortune Crypto, 8 Oct. 2023
Coinbase intends to make NFT trading even more accessible by allowing buyers to pay for NFT items with fiat money with Mastercard’s help.
—Chris Smith, BGR, 19 Jan. 2022
The failure of both banks could leave cryptocurrency companies without some of the round-the-clock payment networks used to convert digital currencies into fiat money.
—Nicholas Gordon, Fortune, 15 Mar. 2023
Investigators will also search for where the crypto came from; some victims will have sent fiat money and others digital currencies.
—Luisa Beltran, Fortune, 21 Dec. 2022
The norm now is fiat money, which has no intrinsic value and is not backed by anything that does.
—Cody Cottier, Discover Magazine, 10 Apr. 2021
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'fiat money.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1876, in the meaning defined above
Dictionary Entries Near fiat money
Cite this Entry
“Fiat money.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fiat%20money. Accessed 19 Apr. 2024.
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More from Merriam-Webster on fiat money
Britannica.com: Encyclopedia article about fiat money
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