He runs the company by fiat.
the school principal issued a fiat that caps were not to be worn inside the school, and that was that
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Despite its volatility, its general correlation with traditional asset classes such as stocks, bonds, and fiat currencies has generally grown.—Jason Phillips, Ascend Agency, 30 Jan. 2026 In a world where digital currencies vie with traditional havens, Hong Kong’s hub status could bridge fiat, crypto, and commodities.—Sean Lee, Forbes.com, 27 Jan. 2026 Bitcoin’s popularity, Al-Joundi argued, has introduced a younger generation to the idea of owning a hedge against unstable fiat currencies.—Paulina Likos, CNBC, 27 Jan. 2026 Of course, that which is imposed by executive fiat can later be repealed by executive fiat.—Idrees Kahloon, The Atlantic, 18 Jan. 2026 See All Example Sentences for fiat
Word History
Etymology
Latin, let it be done, 3rd singular present subjunctive of fieri to become, be done — more at be