Fiat Money definition

Fiat Money means government-issued currency, that is designated as a legal tender in its country of issuance on the legislative level.
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Fiat Money means government-issued money, that is designated as legal tender in its country of issuance through government decree, regulation, or law.
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Fiat Money means any money denominated in a fiat currency, excluding (a) Bitcoins, (b) stable coins and (c) any other Digital Assets that are not directly issued by any governments or central banks as fiat currencies in the relevant jurisdictions.
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Examples of Fiat Money in a sentence

  • The Company may accept different methods of Fiat Money payment, including, but not limited to, bank wire transfers, credit or debit card payment, and other third party payment processors we may provide.

  • In the event we transfer to you, for any reason whatsoever, any excess Digital Currency or any Fiat Money, you agree that you will repay any excess amount to us and/or we may deduct such amount from any Fiat Money and/or Digital Currency which we owe you.

  • LATOKEN does not sell Digital Assets for Fiat Money / Legal Tender Money and does not conduct any transactions involving Fiat Money / Legal Tender Money.

  • LATOKEN or its partners do not provide custodial services of Fiat Money.

  • LATOKEN does not deposit, withdraw, keep or transmit Fiat Money / Legal Tender Money.

  • Again, in many parts of the world, seashells (also known as cowrie shells), tobacco and many other items were in use as a type of money & medium of exchange.Ex : gold coins , beads , shells, pearls, stones, tea, sugar, metal2) Fiat Money - The word fiat means the "command of the sovereign".

  • Cryptocurrency trading has special risks that are not common with Fiat Money, commodities, stock or any other form of asset trading.

  • You acknowledge and agree that Account Top-Up and Withdrawal operation in Fiat Money may be delayed for a period up to 1 (one) month due to bank verifications and checks.

  • When Moammer Gaddafi created an evaluated currency for Africa, Western military power went to Libya and assassinated Gaddafi.Now Russia has finally broken the Petrol-Dollar (Fiat Money).

  • Unlike most Fiat Money, which are backed by governments or other legal entities, or by commodities such as gold or silver, Cryptocurrencies are unique type of currency, backed by technology and trust.


More Definitions of Fiat Money

Fiat Money. Means all legal tender. Within the scope of services provided by ASSETERA, the currency EUR can be used as Fiat Money. Other currencies are available at a later date.
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Fiat Money means any currency that a government has declared to be legal tender.
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Fiat Money means any money denominated in a fiat currency, excluding (a) Bitcoins, (b) stable coins, and (c) any other Digital Assets that are not directly issued by any governments or central banks as fiat currencies in the relevant jurisdictions. “Force Majeure Event” means any of the events out of reasonable control of the Company, including but not limited to, nationalization, expropriation, currency restrictions, acts of state, acts of God, earthquakes, fires, floods, typhoons, tsunami, wars, civil or military disturbances, sabotage, terrorism and cyber-terrorism, security, integrity, and availability of the internet or blockchain networks, epidemics, pandemics, public health crisis, riots, interruptions, loss or malfunctions of utilities, computer (hardware or software) or communications service, accidents, labor disputes, regulatory changes, power failures or breakdowns in communications links or equipment of the Company or of its agents.
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Related to Fiat Money

  • Client Money means the provisions of the FCA’s Client Assets Sourcebook relating to client money.

  • E-Money means electronic money as defined in the SI No. 183/2011 – European Communities (Electronic Money) Regulations 2011.

  • Xxxxxxx Money shall have the meaning assigned thereto in Section 2.3.

  • trust money means money held in trust on behalf of third parties in a trust contemplated in terms of Section 12 of the Act.

  • Public money means any funds or money obtained from any governmental entity, including, but not limited to, research grants.

  • Xxxxxxx Money Deposit shall have the meaning set forth in Section 2.5(a).

  • Secured Money means all money which any Obligor owes to the Lender whether under this Agreement or any other arrangement (including amounts that may be advanced after the date of this Agreement);

  • Retention Money means the accumulated retention moneys which the Procuring Entity retains under Sub-Clause

  • In-the-Money means in relation to a call option, a call option with a strike price less than the current market price of the underlying security and, in relation to a put option, a put option with a strike price greater than the current market price of the underlying security.

  • Public moneys means all moneys belonging to, received by, or held by, the state, or any city, county, town, district, or public agency therein, or by an officer thereof acting in his or her official capacity, and includes the proceeds of all bonds and other evidences of indebtedness, trust funds held by public pension and retirement systems, deferred compensation funds held for investment by public agencies, and public moneys held by a financial institution under a trust indenture to which a public agency is a party.

  • Purchase Money RM Deposit Paid : RM Balance Due : RM The Terms and Conditions specified herein shall govern all members of xxx.xxxxxxxxxxxxxxxx.xxx (“EHSAN AUCTIONEERS SDN. BHD. website”).

  • Borrowed Money means any obligation (excluding an obligation under a revolving credit arrangement for which there are no outstanding, unpaid drawings in respect of principal) for the payment or repayment of borrowed money (which term shall include, without limitation, deposits and reimbursement obligations arising from drawings pursuant to letters of credit);

  • Purchase Money Liens means Liens securing purchase money Indebtedness incurred in connection with the acquisition of capital assets by the Company in the ordinary course of business; provided that (a) such Liens do not extend to or cover assets or properties other than those purchased in connection with the purchase in which such Indebtedness was incurred and (b) the obligation secured by any such Lien so created shall not exceed 100% of the cost of the property including transportation and installation costs, covered thereby.

  • Purchase Money Lien means any Lien upon any fixed assets that secures the Purchase Money Indebtedness related thereto but only if such Lien shall at all times be confined solely to the asset the purchase price of which was financed or refinanced through the incurrence of the Purchase Money Indebtedness secured by such Lien and only if such Lien secures only such Purchase Money Indebtedness.

  • Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;

  • Value for Money means best returns for each rupee spent in terms of quality, timeliness, reliability, after sales service, up-grade ability, price, source, and the combination of whole-life cost and quality to meet SNDB’s requirements.

  • Purchase-money collateral means goods or software that secures a purchase-money obligation incurred with respect to that collateral; and

  • Purchase Money Indebtedness means Indebtedness (other than the Obligations, but including Capitalized Lease Obligations), incurred at the time of, or within 20 days after, the acquisition of any fixed assets for the purpose of financing all or any part of the acquisition cost thereof.

  • Secured Moneys means, without double counting, the aggregate of all moneys owing to the Security Trustee or to a Secured Creditor under any of the Transaction Documents provided that:

  • Purchase Money Debt means Debt:

  • Monetary Obligations means Rent and all other sums payable by Tenant under this Lease to Landlord, to any third party on behalf of Landlord or to any Indemnitee.

  • Recourse Indebtedness means Indebtedness that is not Non-Recourse Indebtedness; provided that personal recourse for Customary Recourse Exceptions shall not, by itself, cause such Indebtedness to be characterized as Recourse Indebtedness.

  • goodwill payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of a provider to a complainant as an expression of goodwill aimed at resolving a complaint, where the provider does not accept liability for any financial loss to the complainant as a result of the matter complained about;

  • Purchase Money Note means a promissory note of a Receivables Subsidiary evidencing a line of credit, which may be irrevocable, from the Issuer or any Subsidiary of the Issuer to a Receivables Subsidiary in connection with a Qualified Receivables Financing, which note is intended to finance that portion of the purchase price that is not paid by cash or a contribution of equity.

  • Project Finance Indebtedness means any present or future indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of a member of the Group:

  • Indebtedness for Money Borrowed means with respect to any Person, without duplication, all indebtedness in respect of money borrowed, including without limitation all Capital Leases and the deferred purchase price of any property or asset, evidenced by a promissory note, bond, debenture or similar written obligation for the payment of money (including conditional sales or similar title retention agreements), other than trade payables incurred in the ordinary course of business.