fiat
noun
, -ˌat, -ˌät; ˈfī-ət, -ˌat
\
Definition of fiat
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Synonyms for fiat
Synonyms
bull, decree, diktat, directive, edict, rescript, ruling, ukase
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Examples of fiat in a Sentence
Recent Examples on the Web
If, for example, the inhabitants of some countries abandon their failing inflationary fiat currency and begin to use Libra instead. . — Sue Halpern, The New Yorker, "Facebook’s Audacious Pitch for a Global Cryptocurrency," 30 July 2019 But the tax treatment of a coin tied to a basket of fiat currencies is not clear. — Timothy Massad, Fortune, "Is Facebook Libra a Betrayal of Satoshi Nakamoto’s Vision?," 15 July 2019 This is mainly because Zimbabweans can no longer use foreign fiat currencies to settle local transactions. — Tawanda Karombo, Quartz Africa, "Zimbabwe banned the US dollar from being used so local bitcoin demand is soaring again," 10 July 2019 Nearly 50 years into using fiat currency at a floating exchange rate, a total overhaul of America’s entrenched monetary policy framework is much less feasible. — Gwynn Guilford, Quartz, "The quiet campaign to reinstate the gold standard is getting louder," 3 July 2019 These are units of cryptocurrency that are tied to some real world asset such as real estate, precious metal or fiat currency. — Jeff John Roberts, Fortune, "Security Tokens Will Be the 'Killer App' of Cryptocurrency, Overstock CEO Says," 20 June 2019 In other words, elites never suffered the firsthand consequences of their own ideological fiats. — Victor Davis Hanson, The Mercury News, "Hanson: Why are Western middle classes revolting against the elites?," 13 June 2019 They are not valued sufficiently to sustain democracy where, finally, the habitability of their place in the world can be sold as a commodity, or where their expectations and hopes can be lowered by fiat. — Marilynne Robinson, Harper's magazine, "Is Poverty Necessary?," 10 June 2019 In a monopolised market, sellers get to bargain by fiat. — The Economist, "Regulating Big Tech makes them stronger, so they need competition instead," 6 June 2019These example sentences are selected automatically from various online news sources to reflect current usage of the word 'fiat.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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More Definitions for fiat
fiat
noun
English Language Learners Definition of fiat
See the full definition for fiat in the English Language Learners Dictionary
fiat
noun
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Legal Definition of fiat
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