nonspecie

Example:During the Great Depression, many countries abandoned specie and shifted to paper money.

Definition:An alternative term for non-specie that refers to currency not made of precious metals, but often from paper.

Example:Today, much of the world's currency is in the form of fiat currency, which is non-specie.

Definition:A type of currency that has value because a government declares it to be legal tender, which includes non-specie.