The term "State Money" refers to a form of currency that is issued and regulated by the government or central bank of a particular country. It is also known as fiat money, which means it has no intrinsic value but is accepted as payment for goods and services due to its legal tender status granted by the governing authority. State Money is typically backed by the creditworthiness of the issuing government rather than being convertible into a fixed amount of gold or silver, like in the case of commodity money systems.