Fiat refers to an authoritative or formal declaration or order, often used in legal or governmental contexts to imply a command or decree that requires compliance. Beyond its traditional meaning, the term is frequently associated with 'fiat currency', which is money issued by a government and not backed by a physical commodity, such as gold or silver. Rather, it derives its value from the trust and authority of the government that issues it.
Fiat meaning with examples
- The government issued a fiat to regulate the newly emerging cryptocurrency market, aiming to establish clear guidelines and protect investors from fraud.
- In a historic moment, the king declared a fiat that all citizens must complete their civic duties by the end of the month, emphasizing the importance of public participation.
- During the economic crisis, the central bank's fiat to increase the money supply caused widespread debate about inflation and long-term fiscal responsibility among economists.
- The mayor's fiat to transform the waterfront area into a public park faced challenges from local businesses who feared the loss of revenue and traffic.
- After much deliberation, the board passed a fiat that set new environmental regulations for local industries, reflecting a growing commitment to sustainability.
Fiat Synonyms
announcement authorization command decision decree dictate directive edict injunction law mandate measure order proclamation regulation requirement resolution ruling statute writFiat Antonyms
advice allowance ambiguity choice discretion flexibility freedom indecision option permission permissiveness recommendation relaxation request suggestion tolerance uncertainty variance variation willFiat Crossword Answers
5 Letters
ORDER EDICT
6 Letters
DECREE DICTUM
7 Letters
COMMAND DICTATE
8 Letters
RESCRIPT
12 Letters
PROCLAMATION