fiat

Ruler's binding word

A fiat is an authoritative decree or order, especially one issued without consultation or consent: The king ruled by fiat.

The word implies unilateral power—decisions made because someone has the authority to make them, not because others agreed.

In economics, fiat money or fiat currency is government-issued money not backed by a physical commodity like gold: The dollar became pure fiat currency in 1971. (Capitalized Fiat is the Italian automaker.)

arbitrary

capricious

Subject to sudden changes

despotic · dictatorial · willful · unreasoned · unjustified · groundless · baseless · high-handed · imperious · peremptory

decree

proclamation

Formal public announcement

  • mandateFormal authoritative directive
  • dictumAuthoritative formal statement
  • directiveFormal command or instruction

commandment · injunction · pronouncement · ukase · rescript · diktat · ordinance · writ · bull · order

currency

paper money

Currency in bill form

monetary policy · inflation · deflation · purchasing power · reserve currency · dollar · euro · yen · yuan · demonetization

authority

sovereignty

Supreme independent authority

command · rule · autocracy · supremacy · tyranny · hegemony · absolutism · dictatorship · authoritarianism · dominance

creation

genesis

Point of creation

creation myth · divine will · origination · inception · beginning · creation narrative

Categories
Opposites
authority and imposition

fiatrequest

Formal act of seeking

suggestion · proposal · petition · entreaty · plea

approval vs. rejection

fiatveto

Official refusal to approve

prohibition · ban · rejection · disapproval · denial

certainty and finality

fiatquestion

Request for information

inquiry · query · deliberation · equivocation · hesitation

Phrases
Family

fiats, fiat money

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Rated G