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Discover Ludwig"under fiat" is correct and usable in written English.
It is typically used in legal or administrative contexts to describe something that is done or governed according to an authoritative order or decree. For example: - The company was forced to shut down its operations under fiat from the government. - The decision was made under fiat of the board of directors. - The new policy was implemented under fiat of the CEO.
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The strong performance by Chrysler is a reflection of its nimble, product-oriented culture, which has flourished under Fiat, its Italian parent company.
Over all, Chrysler quality still trailed in Consumer Reports influential auto survey in 2010, although the magazine subsequently called Chrysler's pace of change under Fiat leadership "blistering" and its progress "laudable".
Even so, losses at Maserati continued under Fiat until last year, when it finally earned a profit of 24 million euros (roughly $32 million) behind sales of two models: the Quattroporte, which went to market in 2004, and the recently introduced GranTurismo, which has prompted oohs and aahs from cargazers.
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"Under executive fiat they could have just proceeded [with the new arrangements] but instead Australia insisted the parliaments of both countries ratify this," he said.
As for monetary easing, it has been effective in improving the economy, and a modern central bank under the fiat currency system need not to worry about its own capital.
Modern Monetary Theory's basic principle seems blindingly obvious: Under a fiat currency system, a government can print as much money as it likes.
But given that we operate under a fiat currency system (where government declares money to be legal tender), we face no operational constraint per se, or issues of national solvency.
But while reimporting Alfa is under consideration at Fiat, it seems but a footnote to the multibillion-dollar G.M.-Fiat agreement.
The first vehicle to be released under the Fiat-Chrysler alliance is the redesigned 2011 Jeep Grand Cherokee, which goes on sale this summer.
Reprints Related items Fiat: Under siegeOct 17th 2002The biggest obstacle is GM's own far-from-robust financial condition.
Under Italian law, Fiat is required to inject capital if its Fiat Auto unit's losses exceed a third of its 1.8 billion euros ($1.77 billion) of capital.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com