paper currency
A type of money that does not have intrinsic value, other than the material it is printed on, and can instead be decreed by a government to have value as a legal tender within its country. all of the major currencies traded in the forex market are forms of paper currency known as fiat currencies.
Browse by Subjects
worth
silver certificate
Gold certificate
soft money
monetary base (M0)
See All Related Terms »

Vertical Spread
NASD Dispute Resolution, Inc.
market maker
Forward Sale
thinly traded stock