What is fiat money?
Your answer is noun | money that the government declares to be legal tender although it cannot be converted into standard specie. Src: Wolfram|Alpha
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Older Answers
In a fiat money system, money is not backed by a physical commodity (i.e.: gold). Instead, the only thing that gives the, MORE
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Fiat Money is money (as paper currency) not convertible into coin or specie of equivalent value. Thanks for asking ChaCha!
Answered by Clare D. -
Fiat money is money (as paper currency) not convertible into coin or specie of equivalent value. ChaCha!
Answered by Adrian S. -
It is currency that a government has declared to be legal tender, but it has no intrinsic value and is not backed by reserves.
Answered by Jeannine M. -
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What is the highest money market rate?
The highest money market rate that we found is for a $50K MMA...
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How do soft money and hard money differ?
In the simplest terms, "hard money" is from political donatio...
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Decreasing the money supply involves which type of economic policy?
"Supply Side Economics" is the term to refer to economic poli...
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Go to www.freecenter.com/money & follow the links for places ...
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Business Week reported that Facebook is worth between $3.75 b...
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What is the highest money market rate?
The highest money market rate that we found is for a $50K MMA...
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Best way I know of getting money is working on a job. You can...
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How do soft money and hard money differ?
In the simplest terms, "hard money" is from political donatio...
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What is the current highest money market rate?
The current highest money market rates are $50K MMA at 0.81%,...
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Which federal tax raised the largest amount of money each year?
Federal Income tax is the largest tax for the government, it ...
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What is the highest money market rate?
The highest money market rate that we found is for a $50K MMA...
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How do soft money and hard money differ?
In the simplest terms, "hard money" is from political donatio...
-
Go to www.freecenter.com/money & follow the links for places ...
-
Decreasing the money supply involves which type of economic policy?
"Supply Side Economics" is the term to refer to economic poli...
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Which federal tax raised the largest amount of money each year?
Federal Income tax is the largest tax for the government, it ...
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Business Week reported that Facebook is worth between $3.75 b...
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What is the best way to make money?
Sell old possesions on eBay, create a unique and successful b...
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Best way I know of getting money is working on a job. You can...
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What is a quick way to earn money?
A garage or bake sale, sell items on eBay, provide gardening,...
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Easiest way I know of to make money is to go out and get a pa...
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What is the easiest way to make money?
Some people say that engaging in illegal activities is the ea...
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Business Week reported that Facebook is worth between $3.75 b...
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How can i make fast money fast?
Fast cash is what she needs?and what she endeavors to get?by ...
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What is and easy way to make money?
The easiest way to make money is to babysit, wash cars, mow l...
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What is the best way to make money?
Sell old possesions on eBay, create a unique and successful b...
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Business Week reported that Facebook is worth between $3.75 b...
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Who can borrow money from the federal reserve bank?
Yes, you can borrow money from the federal reserve bank. Some...
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What is the best thing to invest money in?
Investors looking for income should invest in a laddered port...
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Coins are usually made of copper and another element, such as...
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What is the easiest way to make money in Skyrim?
An easy way to make money in Skyrim is to chop wood. Each cho...
About Money
Money is an object, typically in the form of coins or paper currency, which is exchanged for goods, services, or for payment of debts.
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