fiat money
noun
: money (such as paper currency) not convertible into coin or specie of equivalent value
Examples of fiat money in a Sentence
Recent Examples on the Web
Citizens continue to prefer fiat money for daily transactions, confirming Bitcoin's stronger role as a national reserve than a currency replacement.
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Andrey Sergeenkov, Forbes, 17 Dec. 2024
There are only a few prominent collectors who would want to pay for a banana stuck to a wall with anything other than fiat money.
—George Nelson, ARTnews.com, 27 Nov. 2024
Now, all that backs fiat money is belief in the government or issuing institution.
—Lisa Loud, Forbes, 5 Nov. 2024
Those who understand the philosophy of liberty and sound economics must continue to spread the truth about the dangers of fiat money and the growth of government power and government debt.
—Ron Paul, Orange County Register, 5 Aug. 2024
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Andrey Sergeenkov, Forbes, 17 Dec. 2024
There are only a few prominent collectors who would want to pay for a banana stuck to a wall with anything other than fiat money.
—George Nelson, ARTnews.com, 27 Nov. 2024
Now, all that backs fiat money is belief in the government or issuing institution.
—Lisa Loud, Forbes, 5 Nov. 2024
Those who understand the philosophy of liberty and sound economics must continue to spread the truth about the dangers of fiat money and the growth of government power and government debt.
—Ron Paul, Orange County Register, 5 Aug. 2024
See all Example Sentences for fiat money
Dictionary Entries Near fiat money
Cite this Entry
“Fiat money.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fiat%20money. Accessed 21 Dec. 2024.
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