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.
Fiat money is money without intrinsic value; it has no value other than its use as a medium of exchange. Our economy today uses fiat money. *the term instrictic value means that the item would have value even if it were not used as money. What are demand deposits and why should.