fiat Synonyms
fiat Meaning
fiat (n)
a legally binding command or decision entered on the court record (as if issued by a court or judge)
fiat (n.)
An authoritative command or order to do something; an effectual decree.
A warrant of a judge for certain processes.
An authority for certain proceedings given by the Lord Chancellor's signature.
fiat Sentence Examples
- The government decided to issue fiat currency to stimulate the economy.
- Fiat money is not backed by a physical commodity, such as gold or silver.
- The value of fiat money is determined by the faith and credit of the government that issues it.
- Fiat currencies are often used to facilitate trade and commerce.
- The central bank is responsible for controlling the supply of fiat money in an economy.
- Fiat currencies can be subject to inflation, which is a decrease in the purchasing power of money.
- Hyperinflation is a period of extremely high inflation, which can lead to the collapse of a fiat currency.
- Fiat currencies can also be devalued, which is a decrease in the value of a currency relative to other currencies.
- Fiat currencies are often used in international trade and investment.
- The use of fiat currencies has been a controversial topic throughout history.
FAQs About the word fiat
a legally binding command or decision entered on the court record (as if issued by a court or judge)An authoritative command or order to do something; an effect
ruling,decree, edict, directive, ukase, rescript, resolution, bull,decision, proclamation
No antonyms found.
The government decided to issue fiat currency to stimulate the economy.
Fiat money is not backed by a physical commodity, such as gold or silver.
The value of fiat money is determined by the faith and credit of the government that issues it.
Fiat currencies are often used to facilitate trade and commerce.
