Meaning of FIAT MONEY

Pronunciation:			'fIut 'munee
WordNet Dictionary
	Definition:		[n]  money that the government declares to be legal tender although it cannot be converted into standard specie
	Websites:		InvestorWords.com - Definition Of Fiat Money Click here for the definition of fiat money from InvestorWords.com, the web's leading financial glossary. www.investorwords.com
	See Also:		folding money, paper currency, paper money