Fiat Currency definition

Fiat Currency means currency issued by the relevant body in a country or by a government that is designated as legal tender in its country of issuance through amongst other things, government decree, regulation, or law;

Fiat Currency means government issued currency that is designated as legal tender in its country of issuance through government decree, regulation or law.

Fiat Currency means a currency issued by a country's government or central bank.

Examples of Fiat Currency in a sentence

• We are NOT responsible for the market, and We make no representations or warranties concerning the value of Crypto or Fiat Currency of any kind.

• Client hereby agrees that the amount of any such interest or earnings attributable to such Fiat Currency may be retained by Trust Company as additional consideration for its services.

• Trust Company hereby confirms that the Fiat Currency is not an asset on the balance sheet of Trust Company.

• Trust Company will keep timely and accurate records as to the deposit, disbursement, investment, and reinvestment of the Digital Assets and Fiat Currency.

• If Zero Hash is forced to convert the Fiat Currency for the Participant in accordance with the preceding sentence, the Participant will be responsible for all pass-through and Zero Hash fees related to the conversion, in addition to a penalty fee as may be published on the Zero Hash System from time to time.

More Definitions of Fiat Currency

Fiat Currency means US Dollar, or any other government-issued currency designated as legal tender in its country of issuance through government decree, regulation, or law.

Fiat Currency means government-issued currency that is designated as legal tender through government decree, regulation, or law, that customarily refers to paper money and coin and is circulated, used, and accepted as money.

Fiat Currency means the official currency of a jurisdiction, issued by a jurisdiction or by a jurisdiction’s designated Central Bank or monetary authority, as represented by physical banknotes or coins or by money in different digital forms, including bank reserves or Central Bank Digital Currencies. The term also includes commercial bank money and electronic money products (including Electronic Money and E- money Token).

Fiat Currency means certain supported fiat currencies, such as U.S. Dollars.

Fiat Currency means any money that is backed by a central bank, is designated as legal tender, circulates, and is customarily used and accepted as a medium of exchange.

Fiat Currency means coin and money of a jurisdiction that is designated by the government of that jurisdiction as legal tender;

Fiat Currency means a banknote or coin that is in circulation as a medium of exchange in Namibia, including a digital currency issued by the Bank;