fiat
Произношение: [ˈfiːæt]
Слово
Контекст: «law and authority»
(noun) an official order or decision made by someone with power. It's like when a teacher makes a rule for the class that everyone has to follow.
Пример
The government issued a fiat to improve public health during the pandemic.
Пример
No one liked the company's fiat that required employees to work overtime every weekend.
Пример
What is the purpose of the latest fiat from the mayor?
Контекст: «finance»
(noun) a currency that a government declares to be legal money, even if it's not backed by physical commodities like gold. This means that people accept it for buying things because the government says it has value.
Пример
Many countries use fiat money that people trust for everyday transactions.
Пример
Some people worry that using fiat without any backing can lead to inflation.
Пример
How does fiat money work in today's economy?
0s0s