Dictionary definition of fiat

1. Hyperinflation can lead to the devaluation of fiat currency.
2. Digital wallets store fiat currency electronically.
3. Fiat money is legal tender for all transactions.
4. The transition from barter to fiat currency was significant.
5. The stability of fiat money is essential for the economy.
6. Central banks monitor the supply of fiat currency.
7. Fiat currency is not backed by a physical asset.
8. International trade often involves multiple fiat currencies.
9. The value of fiat money can fluctuate over time.
10. Economic stability is closely tied to the value of fiat currency.
11. Fiat money has replaced many traditional forms of currency.
12. Governments can regulate the circulation of fiat currency.
13. Fiat money is accepted as payment for goods and services.
14. The concept of fiat currency has a long history in economics.
15. He traded in his dollars for fiat currency before his trip abroad.
16. She was worried about the inflation of fiat currency.
17. The country decided to abandon the gold standard and move to a fiat currency.
18. He had a collection of fiat currency from different countries.
19. The government introduced new fiat currency notes.
20. He was familiar with the history of fiat currency and its effects on economies.
21. She was concerned about the stability of fiat currency in light of the recent economic downturn.
22. The country's fiat currency was devalued in the face of high inflation.
23. He was interested in the relationship between fiat currency and cryptocurrency.
24. She was worried about the government's ability to print more fiat currency and the potential inflationary effects.
25. The country's fiat currency faced challenges due to political instability.