French in origin, this term means to preserve which has been a traditional French method of keeping food in storage for longer periods of time.During a time when there was a lack of refrigeration, foods were preserved in jars under layers of fat or syrups as a means to store the contents for future use.rench in origin, this term means to preserve which has been a traditional French method of keeping food in storage for longer periods of time.
Wiktionary(0.00 / 0 votes)Rate this definition: fiat currency(Noun) Money that has indirect market value or is given legal tender status by government fiat.
Definition: Under international financial reporting standards, a functional currency is the currency used in the primary economic environment where an entity operates. This is the environment in which an entity primarily generates and expends cash.