Question

what do you mean by fiat mony

Answer 1

$fiat \: money \: \\ (noun )\\ inconvertible \: paper \: money \: made \: legal \: tender \: by \: a \: government \: decree.$

Answer 2

Hello Sweety❤❤
here's ua answer :
Fiat money has been defined variously as: Any money declared by a government to be legal tender. State-issued money which is neither convertible by law to any other thing, nor fixed in value in terms of any objective standard. Intrinsically valueless money used as money because of government decree.
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