Paper money made legal tender by government decree but that is not based on nor convertible into coin.

Quick Facts

Go Historic ID
21702

More Definitions

Paper money made legal tender by government decree but that is not based on nor convertible into coin.

Table of Contents

  1. 1.   Overview of Fiat Money  ← you are here
  2. 2.   Sources for Fiat Money (1)

Page Info

Title
Fiat Money
Date Published
December 12, 2012
Last Updated
April 22, 2021