Cách sử dụng
Fiat is a word primarily used in the context of law, government and finance. It means an official order, decision, or decree made by someone in a position of authority. For example, a government may issue a fiat requiring people to wear masks in public places during a pandemic. In finance, it refers to currency issued by a government that is not backed by a physical commodity like gold. So, a fiat currency is legal tender because the government declares it as such. In simple language, fiat means an official and authoritative decision or order made by someone in charge.