Definition of Fiat

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Definition of Fiat
	Fiat An authoritative command or order to do something; an effectual decree. A warrant of a judge for certain processes. An authority for certain proceedings given by the Lord Chancellor's signature. Related Definitions: An, Authoritative, Authority, By, Certain, Chancellor, Command, Decree, Do, Effectual, For, Given, Judge, Lord, Of, Or, Order, Signature, Something, The, To, Warrant

Fiat Quotations

A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.
Ron Paul

Thus, the use of fiat money is more justifiable in financing a depression than in financing a war.
Carroll Quigley

I mean, what Fiat had it was not very big, it was something like forty or fifty million dollars, but it's enough to get revolving credit, to get starting away again, the buying of new machinery.
Gianni Agnelli

Our markets have not achieved their great successes as a result of government fiat, but rather through efforts of competing interests working to meet the demands of investors and to fulfill the promises posed by advancing technology.
Arthur Levitt

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