Definitions for "fiat money"
Money which has no intrinsic value and cannot be redeemed for specie or any...
currency or coin that looses it's value, retaining no substantial backing. Suggested reading - " Fiat Money Inflation in France"
A commodity which is intrinsically worthless and generally acceptable to serve the functions of money.
Keywords:  fico, fidelity, bond
FICO Fidelity bond
floating exchange rate forward discount