fiat currencies
Decreed legal tender
Fiat currencies are government-issued money not backed by a physical commodity like gold or silver.
Their value derives from public trust and government decree rather than intrinsic worth.
Most modern national currencies—the dollar, euro, yen—are fiat currencies: Critics of fiat currencies argue they enable governments to print money without restraint.
Paper currency notes
- coinsMetal money units
- paper moneyCurrency in bill form
- cashReady spending funds
- denominationNamed religious group
circulation · serial number · watermark · security features · minting · printing · e-money · mobile money
American monetary unit
- euroShared continental currency
- Japanese yenTokyo's official currency
- British poundUnited Kingdom's official currency
- Chinese yuanChina's monetary unit
Swiss franc · Canadian dollar · Australian dollar · Indian rupee · Mexican peso
Lowering of currency worth
- hyperinflationExtreme rapid price escalation
- stagflationStagnant growth meets inflation
- purchasing powerEconomic spending ability
- price indexMeasure tracking price changes
CPI · debasement · quantitative easing · money printing · dollarization · inflation hedge · real value · nominal value
Central bank economic controls
- central bankNational currency management institution
- fiscal policyState spending and taxation
- macroeconomicsStudy of aggregate economies
- liquidityConvertibility to cash
economic stability · debt · interest rates · trade balance · gross domestic product · deficit spending · government bonds · money supply
Currency trading market
- exchange rateCurrency conversion value
- spreadTo distribute widely
- pipFruit seed or dot
- leverageBorrowed capital for amplified returns
margin · broker · dealer · volatility · speculation · arbitrage · swap · carry trade
banknotes
Paper currency notes
- coinsMetal money units
- paper moneyCurrency in bill form
- cashReady spending funds
denomination · circulation · serial number · watermark · security features · minting · printing · e-money · mobile money · legal tender
US dollar
American monetary unit
- euroShared continental currency
- Japanese yenTokyo's official currency
- British poundUnited Kingdom's official currency
Chinese yuan · Swiss franc · Canadian dollar · Australian dollar · Indian rupee · Mexican peso
devaluation
Lowering of currency worth
- hyperinflationExtreme rapid price escalation
- stagflationStagnant growth meets inflation
- purchasing powerEconomic spending ability
price index · CPI · debasement · quantitative easing · money printing · dollarization · inflation hedge · real value · nominal value · cost of living
monetary policy
Central bank economic controls
- central bankNational currency management institution
- fiscal policyState spending and taxation
- macroeconomicsStudy of aggregate economies
liquidity · economic stability · debt · interest rates · trade balance · gross domestic product · deficit spending · government bonds · money supply · floating rate
forex
Currency trading market
- exchange rateCurrency conversion value
- spreadTo distribute widely
- pipFruit seed or dot
leverage · margin · broker · dealer · volatility · speculation · arbitrage · swap · carry trade · spot market
fiat currencieshard money
Metallic legal tender
specie · precious metals · gold bullion · bullion · silver coinage
fiat, fiats, currency, currencies, current, currently, currents, concur, concurrence