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fiat money vs folding money

folding money vs fiat money

fiat money and folding money both are nouns.

Word NounAdjectiveVerbAdverb
fiat money Yes No No No
folding money Yes No No No
As nouns, folding money is a hypernym of fiat money; that is, folding money is a word with a broader meaning than fiat money:
  • fiat money: money that the government declares to be legal tender although it cannot be converted into standard specie
  • folding money: currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie
Other hypernyms of fiat money include paper currency, paper money.
fiat money (noun) folding money (noun)
money that the government declares to be legal tender although it cannot be converted into standard specie currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie
Difference between fiat money and folding money

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