Online Dictionary: translate word or phrase from Indonesian to English or vice versa, and also from english to english on-line.
Hasil cari dari kata atau frase: fiat money (0.01335 detik)
Found 2 items, similar to fiat money.
English → English (WordNet)
Definition: fiat money
fiat money
n : money that the government declares to be legal tender
although it cannot be converted into standard specie
English → English (gcide)
Definition: Fiat money
Fiat
\Fi"at\, n. [L., let it be done, 3d pers. sing., subj.
pres., fr. fieri, used as pass. of facere to make. Cf.
Be.]
1. An authoritative command or order to do something; an
effectual decree.
[1913 Webster]
His fiat laid the corner stone. --Willis.
[1913 Webster]
2. (Eng. Law)
(a) A warrant of a judge for certain processes.
(b) An authority for certain proceedings given by the Lord
Chancellor's signature.
[1913 Webster]
Fiat money, irredeemable paper currency, not resting on a
specie basis, but deriving its purchasing power from the
declaratory fiat of the government issuing it.
[1913 Webster]
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