fiat

fiat - noun - an arbitrary or authoritative command or order; formal or official authorization or sanction

Arbitrary -or- authoritative? That combination seems odd. Besides, isn't this just a small red car? -wink-

fib

fib – n - A small or trivial lie; minor falsehood.

A simple word for today. I don't think I've heard it anywhere but New York. Is it used elsewhere?