Fiat Currency means a currency issued by a country's government or central bank.
Fiat Currency means currency issued by the relevant body in a country or by a government that is designated as legal tender in its country of issuance through amongst other things, government decree, regulation, or law;
Fiat Currency means government issued currency that is designated as legal tender in its country of issuance through government decree, regulation or law.
Examples of Fiat Currency in a sentence
No Cryptodraft or Stableloan product will involve the use or transfer of Fiat currencies and no amount in Fiat currency will be due from or to you under these Terms.
If payment is made in ECLD Tokens instead of a Fiat currency, the fee will be reduced, with the aim of encouraging other users to buy, keep and use ECLD Tokens as a means of settlement.Tokens are to be transferred to the Issuer’s wallet.
More Definitions of Fiat Currency
Fiat Currency means government-issued currency that is designated as legal tender through government decree, regulation, or law, that customarily refers to paper money and coin and is circulated, used, and accepted as money.
Fiat Currency means the official currency of a jurisdiction, issued by a jurisdiction or by a jurisdiction’s designated Central Bank or monetary authority, as represented by physical banknotes or coins or by money in different digital forms, including bank reserves or Central Bank Digital Currencies. The term also includes commercial bank money and electronic money products (including Electronic Money and E- money Token).
Fiat Currency means a currency which is issued by or on behalf of the government in its country (or countries) of issuance, and which is designated as legal tender in that or those countries through government decree, regulation or law.
Fiat Currency means any money that is backed by a central bank, is designated as legal tender, circulates, and is customarily used and accepted as a medium of exchange.
Fiat Currency means any currency, issued by government and not secured by gold or any other precious metals.
Fiat Currency means a currency that has been declared by a government authority to be legal tender, but that is not backed by a physical commodity.
Fiat Currency means government-issued currency that is designated as legal tender