Fiat currencies are issued and regulated by a country's central bank but are not backed by a commodity like gold. Fiat currency is a type of money that is created by a government and is not backed ...

That's the principle behind fiat money, which means legal tender based on a government decree, and in a modern sense, it means any currency that is backed by faith in the government, not an underlying ...

That's the principle behind fiat money, which means legal tender based on a government decree, and in a modern sense, it means any currency that is backed by faith in the government, not an ...

U.S. dollar (USD): The U.S. dollar is one of the most widely recognized examples of fiat money, serving as the world's primary reserve currency.It is accepted for both domestic and international ...

See cryptocurrency and fiat. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction requires permission.