[ ফাইঅ্যাট্ America(n) ফীআট্ ] 1) শাসক কর্তৃক প্রদত্ত হুকুম বা আদেশ2) রায়3) ক্ষমতা প্রদান
fiat definition
Fiat is a currency not backed by physical reserves but rather by government decree.
fiat শব্দটির synonyms বা প্রতিশব্দ
order, decree, fiat, rescript, edict,
fiat Example in a sentence
The new currency issued by the government is a fiat currency, backed solely by its decree.
Fiat money derives its value not from an intrinsic asset like gold, but from the faith and trust of the public.
Unlike gold-backed currencies, fiat money is susceptible to devaluation due to inflation.
The central bank regulates the supply of fiat currency to maintain its stability.
Fiat currencies facilitate trade and business transactions, but their value can be subject to economic fluctuations.
Governments use fiat currency as a fiscal tool to manage monetary policy and stimulate the economy.
Cryptocurrencies, such as Bitcoin, are not considered fiat currencies, as they operate outside the central banking system.
Fiat currency allows for more flexible and dynamic economic adjustments than a gold standard.
The value of fiat currency can be influenced by factors such as economic growth, interest rates, and government policies.
Fiat currency has become the dominant form of money in modern economies due to its convenience and adaptability.