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Fiat can have two meanings depending on context. Fiat regards the model of a compact car found across the world. Fiat also has the meaning of a currency that is not backed by tangible value but by government credit. For example: The United States Dollar and the Euro are both fiat currencies because they are not backed by the gold (or precious metal) standard.
What else can I help you with?
Does the US Have a fiat currency?
Yes, the US Dollar is a fiat currency
What are some benefits of having a Fiat company insurance?
The benefits of Fiat company insurance are that the Fiat vehicles under the insurance are completely covered. This is true regardless of who the driver may be.
What does the term fiat stand for in fiat money?
Fiat means in Latin let it be done. Fiat money is usu. Printed into existence without the backing of any physical metal or a strong manufacturing base. Most currencies in the world today are "let it be done" currencies.
What is the definition of Fiat money?
"Fiat money, is money that is not backed by something with vaule. US money is backed by commodites like silver and gold. Fiat money is money declared by a government to be legal, eventhough it has no value."
What is the meaning behind the term Fiat money?
Fiat money is the term used to describe money that has it's value determined by the law or government. This means that most currencies are fiat money as most currencies are government issued.
How do you use Fiat in a sentence?
He drives a fiat.
Who owns fiat?
Fiat owns Fiat
Have a cow idiom sentence?
If I wear my sister's brand new jeans without asking her, she'll have a big, fiat cow!
Who make fiat?
Fiat is an Italian Car Company.
What is 'my Fiat' when translated from English to Italian?
"My Fiat" = "Il mio Fiat."
Who makes Fiat cars?
The Fiat company of Italy makes Fiat cars.
Who makes the Fiat car?
The Fiat company of Italy makes Fiat cars.
Who owns Maserati?
Fiat
Who builds the fiat?
It's FIAT.
The Fiat Punto is manufactured by who?
The Fiat Punto is manufactured by the company Fiat. Fiat is an Italian manufacturing company. The manufacturing of the Fiat Punto started in 1993 and is still currently being produced.
Who is the owner of Fiat?
Ferrari own Fiat.
What is FIAT slogan?
Driven by passion. FIAT
