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fiat money
A noun is a word referring to a person, animal, place, thing, feeling, or idea (e.g., man, dog, house).
1. (finance)
a. el dinero por decreto (M)
(m) means that a noun is masculine. Spanish nouns have a gender, which is either feminine (like la mujer or la luna) or masculine (like el hombre or el sol).
The economist insisted that the best course of action was to abandon fiat money and return to the gold standard.El economista insistía en que el mejor plan de acción era abandonar el dinero por decreto y volver al patrón oro.
b. el dinero fíat (M)
(m) means that a noun is masculine. Spanish nouns have a gender, which is either feminine (like la mujer or la luna) or masculine (like el hombre or el sol).
This country has used fiat money for 50 years now.Este país lleva 50 años usando el dinero fíat.
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