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Simple English definitions for legal terms

fiat money

Read a random definition: avizandum

A quick definition of fiat money:

Fiat money is the type of money that a government says is valuable and can be used to buy things. It's not backed by gold or silver like some other types of money. You can use fiat money to buy things like food, toys, and clothes. It's also called paper money or flat money.

A more thorough explanation:

Fiat money is a type of currency that is not backed by gold or silver. It is authorized or adopted by a government as part of its currency. This means that the value of fiat money is based on the trust people have in the government that issued it.

Paper currency issued by the government
Coins issued by the government

These examples illustrate fiat money because they are not backed by a physical commodity like gold or silver. Instead, their value is based on the trust people have in the government that issued them.

fiat justitia | fiat ut petitur

General

General chat about the legal profession.

General >T14 Off Topic

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jackfrost11770

11:20

also cherie fallen soldier

jackfrost11770

11:20

i got home at 8 am from the club and my neighbor was leaving to go biking. truly living in different worlds

cheriebomb

11:20

i don’t fw him that heavy tbh

cheriebomb

11:21

i get along better with his friends than i do with him

windyMagician

11:21

nah the hiking in Nike blazers deserves jail time

cheriebomb

11:21

he was already vomiting and shitting in a hole I think he did his penance

windyMagician

11:26

call that restorative justice

shaquilleoatmeal

11:34

@cheriebomb: https://www.boston.com/travel/travel/2024/12/20/boston-was-just-named-the-most-beautiful-winter-city-in-the-world/

cheriebomb

11:35

they put a place in the UK second. I don’t trust their methodology

shaquilleoatmeal

11:35

im laughin cause it definitely isnt but the fact that some people this it is is comical

shaquilleoatmeal

11:35

tink*

shaquilleoatmeal

11:35

think jee

shaquilleoatmeal

11:35

jeez - im over it

cheriebomb

11:37

imagine saying you want to go to boston for christmas 💀

shaquilleoatmeal

11:40

https://www.instagram.com/backbayboston/p/DD13nN_RM3g/

shaquilleoatmeal

11:40

imagine you not wanting to go what lmao

cheriebomb

13:55

not impressed by the fact that they have a park and some buildings. who doesn't

soap

15:04

Manifesting a GPA boost with the end of this semester

CynicalOops

15:13

Colorado mentioned

CynicalOops

15:18

Wait does boston have one of those long ice rinks

CynicalOops

15:18

Those are fun

llama

15:19

https://www.youtube.com/shorts/VbGulV8GS28

[] cheriebomb

15:23

what if I started flexing again

cheriebomb

15:24

that might be too much

llama

15:33

can we see ur mod badge?

[M] cheriebomb

15:41

just for u sweetie pie

llama

15:43

woah so much swagger with dat 'm;

Dkk

15:47

@shaquilleoatmeal: more like, blow my back out by the bay boston instead of back bay boston.

llama

15:48

https://www.urbandictionary.com/define.php?term=Chad%20Thundercock

Dkk

15:48

Indeed, the legendary man himself.

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