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  1. Dictionary
    fiat
    /ˈfiːat/

    noun

    • 1. a formal authorization or proposition; a decree: "the reforms left most prices fixed by government fiat"

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    More definitions, origin and scrabble points

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  4. www.investopedia.com › terms › fFiat Money: What It Is, How It Works, Example, Pros & Cons

    4 days ago · Fiat money is a government-issued currency that's not backed by a physical commodity such as gold or silver. Read more about dollars, euros, and other fiat money.

    • What's The Difference

      Fiat money has no intrinsic value, while legal tender is any...

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  5. en.wikipedia.org › wiki › FiatFiat - Wikipedia

    3 days ago · Fiat Automobiles was formed in January 2007 when Fiat S.p.A. reorganized its automobile business, and traces its history back to 1899, when the first Fiat automobile, the Fiat 4 HP, was produced. Fiat Automobiles is the largest automobile manufacturer in Italy.

  6. www.businessinsider.com › personal-finance › fiat-moneyFiat Money Explained: Definition, History, Pros and Cons, and ...

    Jun 14, 2024 · Learn everything you need to know about fiat money, including its definition, history, how it works, expert insight, and common questions.

  7. www.investopedia.com › terms › cWhat Is a Central Bank Digital Currency (CBDC)? - Investopedia

    Jun 14, 2024 · A central bank digital currency (CBDC) is the digital form of a country's fiat currency, which is regulated by its central bank. Many countries are developing them.

  8. 7esl.com › fiatFIAT Meaning: What Does FIAT Stand For? • 7ESL

    Jun 15, 2024 · FIAT, the Italian automaker, is known for its compact and stylish vehicles such as the popular Fiat 500 series. The company’s name is an acronym for “Fabbrica Italiana Automobili Torino,” which translates to “Italian Automobile Factory of Turin.”

  9. www.ecb.europa.eu › ecb-and-you › explainersWhat is money? - European Central Bank

    Jun 19, 2024 · Early currency was usually commodity money – made of something valuable, such as gold. Later on, money consisted of banknotes that could be exchanged against gold or silver. Modern economies, like the euro area, use fiat money, which isn’t tied to a commodity at all.

  10. www.investopedia.com › modern-monetary-theory-mmtModern Monetary Theory (MMT): Definition, History, and Principles

    6 days ago · Modern monetary theory (MMT) is a heterodox macroeconomic supposition that asserts that monetarily sovereign countries—such as the U.S., U.K., Japan, and Canada, which spend, tax, and...