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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Western nations' freezing of $300 billion in Russian central bank fiat currency assets exposed the vulnerability of holding reserves in foreign currencies or overseas institutions.—Garth Friesen, Forbes, 15 Mar. 2025 Stablecoins are a type of digital asset designed to hold a constant value, typically with a peg to a fiat currency.—Dylan Butts, CNBC, 13 Mar. 2025 While traditional fiat currencies, such as the U.S. dollar, are issued by governments that can produce them as needed, bitcoin has a limited supply and is produced by computers.—Rachel Barber, USA TODAY, 7 Mar. 2025 Unlike fiat currencies such as the U.S. dollar (USD) and the euro (EUR), which can theoretically be expanded without limit, Bitcoin follows a strict halving cycle, reducing new issuance by half every four years.—Jon Helgi Egilsson, Forbes, 3 Mar. 2025 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
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