He runs the company by fiat.
the school principal issued a fiat that caps were not to be worn inside the school, and that was that
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Bitcoin is a digital currency and virtual payment system designed to exist outside the control of any central entity, in contrast to fiat currencies which are controlled by governments, like the U.S. dollar or the Swiss franc.—Andrea Riquier, USA Today, 7 Apr. 2025 Even cautious investors might view that as a valuable diversification tool, sitting between the extremes of fiat savings and direct bitcoin speculation.—Dave Birnbaum, Forbes.com, 31 Mar. 2025 Perhaps the next Democratic president can call climate change a war and then just impose the Green New Deal by fiat.—Steven Greenhut, Oc Register, 28 Mar. 2025 These platforms will likely focus on seamless fiat on/off ramps for businesses, cross-chain stablecoin liquidity, compliance tools for enterprise stablecoin usage, integration with existing payment processors, and support for multiple stablecoin types.—Boaz Sobrado, Forbes, 21 Mar. 2025 See All Example Sentences for fiat
Word History
Etymology
Latin, let it be done, 3rd singular present subjunctive of fieri to become, be done — more at be
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