Tag: Fiat Money

Business Law & Regulations, Finance

Fiat Money vs. Legal Tender: What’s the Difference?

June 14, 2021

Via: Investopedia

Fiat money does not have any intrinsic value. What value it has depends on public confidence in the currency’s issuer. Legal tender is any currency declared legal by a government. Many governments issue a fiat currency and then make it […]