Finans

itibari para

İngilizce: fiat money

Türkçe Tanım

Degerini altin veya gumus gibi fiziksel bir emtianin desteginden veya herhangi bir oz degerden degil hukumet kararindan alan para birimidir. ABD dolari ve euro dahil tum buyuk modern para birimleri, degeri kamu guveni, yasal odeme araci kanunlari ve saglikli para politikasiyla suerdueruelen itibari paralardIr. Emtia destekli paradan itibari paraya gecis, merkez bankalarinin para politikasi esnekligini genisletti.

English Definition

Currency that derives its value from government decree rather than from any intrinsic value or backing by a physical commodity such as gold or silver. All modern major currencies, including the US dollar and the euro, are fiat currencies whose value is sustained by public confidence, legal tender laws, and sound monetary policy. The transition from commodity-backed to fiat money expanded central banks' monetary policy flexibility.