fiat money
noun
: money (such as paper currency) not convertible into coin or specie of equivalent value
Examples of fiat money in a Sentence
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As money supply increases, the amount of fiat currency in circulation also increases - ultimately, this is the long-term decision-maker for inflation, which is a general increase in prices - or, flipped another way, the gradual loss of purchasing power for fiat money.
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Roger Huang, Forbes, 17 Mar. 2025
In 1971, Roosevelt ended the gold standard and switched to a fiat money system.
—Emily Chang, ABC News, 5 Mar. 2025
This highlights the contrast between fiat money's flexibility, Bitcoin's strict supply limits, and Ethereum's adaptable approach, which sits in between.
—Jon Helgi Egilsson, Forbes, 3 Mar. 2025
Back in the day, the concept of paper or fiat money would have spooked those married to the gold standard.
—Solo Ceesay, Rolling Stone, 28 Jan. 2025
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Roger Huang, Forbes, 17 Mar. 2025
In 1971, Roosevelt ended the gold standard and switched to a fiat money system.
—Emily Chang, ABC News, 5 Mar. 2025
This highlights the contrast between fiat money's flexibility, Bitcoin's strict supply limits, and Ethereum's adaptable approach, which sits in between.
—Jon Helgi Egilsson, Forbes, 3 Mar. 2025
Back in the day, the concept of paper or fiat money would have spooked those married to the gold standard.
—Solo Ceesay, Rolling Stone, 28 Jan. 2025
See All Example Sentences for fiat money
Cite this Entry
“Fiat money.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fiat%20money. Accessed 28 May. 2025.
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