fiat money

noun

Definition of fiat money

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

1876

First Known Use of fiat money

1876


Learn More about fiat money


Seen and Heard

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

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

WORD OF THE DAY

the point at which something begins

Get Word of the Day daily email!

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!