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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Unlike fiat currencies such as the U.S. dollar (USD) and the euro (EUR), which can theoretically be expanded without limit, Bitcoin follows a strict halving cycle, reducing new issuance by half every four years.—Jon Helgi Egilsson, Forbes, 3 Mar. 2025 Many central banks have also been stockpiling their gold reserves as their fiat currencies continue to lose purchasing power.—Marc Guberti, Sacramento Bee, 26 Feb. 2025 The result is regular constitutional scuffles over the extent of the president’s authority, attempts by presidents from both parties to more or less rule by fiat, and threats by the opposition to impeach sitting presidents.—Robert E. Kelly, Foreign Affairs, 12 Feb. 2025 These novel digital assets are designed to maintain a stable value by being pegged to another asset, such as a fiat currency like the U.S. dollar or a commodity.—Nina Bambysheva, Forbes, 4 Feb. 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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