fiat money -
money that the government declares to be legal tender although it cannot be converted into standard specie
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Wiktionary
Substantiv
fiat money -
Money that is given legal value or made legal tender for money debts by government fiat.
OmegaWiki Dictionary
Ω
fiat money Money that does not have any intrinsic value and that is not backed up by real values such as gold or silver, it derives its value only from government decree.