Fiat - Meaning, Definition & English Examples
Fiat is an official order or authorization given by a government or authority, often referring to currency declared legal tender by decree rather than backed by physical assets.
Definition:
An official authorization or decree, often by a government or authority.
Synonyms:
decree, edict, mandate, order
Part of Speech:
noun
Antonyms:
veto, rejection
Common Collocations:
government fiat, legal fiat, monetary fiat
Derivatives:
fiat money, fiats (plural)
Usage Tips:
Use "fiat" to describe formal orders or authoritative decisions, often in legal or governmental contexts.
Common Phrases:
by fiat, fiat currency, fiat lux
Etymology:
From Latin "fiat," meaning "let it be done," used in formal commands or decrees.
Examples:
- 1. The king issued a fiat to raise taxes.
- 2. The new law was enacted by government fiat.
- 3. Fiat money has value because the government declares it legal tender.
- 4. The CEO ruled the company almost by fiat.