Fiat
Fiat
DEFINITION
DEFINITION
Fiat is a currency without value. Fiats are created as money for trade. Money for trade is regulated by the government. The value of the fiat is defined from the government regulatory agencies, and parties for trade have to agree on the value. Fiat money is not backed by any commodities such as gold and silver.
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Terri J Lee S.
Arizona Member
I originally joined LegalShield because I wanted to get my will completed. However, I have kept my membership because of the value it provides. I feel good knowing that if I have a legal question or if I need help with a legal document, I can contact LegalShield. I would highly recommend this company, and in fact, I have referred some of my friends and family members
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Texas Member
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