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
unparted bullion
foreign exchange
soft money
nominal asset
See All Related Terms »

profit making
unit price
import export
Securities and Exchange Commission (SEC)