Meaning & use

fiat

noun·Academic

Last updated

An official order or decree issued by an authority, often without the consent of those affected.

See it in a sentence

The new policy was imposed by fiat, without any public consultation.

The king ruled by fiat, rarely explaining the reasoning behind his decisions.

A note on using this word

Often appears in the phrase 'by fiat,' implying a decision made from authority alone rather than negotiation or debate; also used in economics, as in 'fiat currency.'

Words with a similar meaning

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Another way to use it

2. noun

Money that a government has declared to be legal tender but that is not backed by a physical commodity like gold.

Most modern national currencies are fiat currencies.

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