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
- Cyber Risk Definition
- Issuer Identification Number (IIN) Definition
- Single Sign-On (SSO) Definition
- One-Time Password (OTP) Definition
- Decentralized Identifier (DID) Definition
