Fiat Currency/Fiat Money
Definition of what Fiat Currency/Fiat Money stands for (in finance):
A government-issued currency that is not backed by a physical commodity but relies on trust in the issuing authority.
More Term Definitions
- Industry 4.0 (I4.0) Definition
- Know Your Customer (KYC) Definition
- ERC-20 Definition
- Cave Automatic Virtual Environment (CAVE) Definition
- Ecosystem Definition
