seigniorage
noun
sei·gnior·age ˈsān-yə-rij 
variants or seignorage
: a government revenue from the manufacture of coins calculated as the difference between the face value and the metal value of the coins
Example Sentences
Recent Examples on the Web Loyalty points are exposed to the modern form of seigniorage, as well as regular inflation. 
Jon Sindreu, WSJ, 26 Mar. 2021 Indeed, there is likely a Laffer curve for seigniorage. WSJ, 14 Jan. 2020 This right to earn seigniorage, as it is called, is worth a lot, even if their money-printing is constrained by the need to keep inflation in check. The Economist, 29 Aug. 2019 All interest is diverted to the companies backing Libra’s governing body, while holders of Libra itself earn nothing—giving the founders profits akin to the seigniorage made by central banks. James Mackintosh, WSJ, 23 June 2019 Shares, which fluctuate in value, entitle the owner to a share of the system's future seigniorage profits. Timothy B. Lee, Ars Technica, 25 Apr. 2018 Another benefit, supporters say, is that the SNB would earn more seigniorage fees. Brian Blackstone, WSJ, 3 May 2018 See More
Jon Sindreu, WSJ, 26 Mar. 2021 Indeed, there is likely a Laffer curve for seigniorage. WSJ, 14 Jan. 2020 This right to earn seigniorage, as it is called, is worth a lot, even if their money-printing is constrained by the need to keep inflation in check. The Economist, 29 Aug. 2019 All interest is diverted to the companies backing Libra’s governing body, while holders of Libra itself earn nothing—giving the founders profits akin to the seigniorage made by central banks. James Mackintosh, WSJ, 23 June 2019 Shares, which fluctuate in value, entitle the owner to a share of the system's future seigniorage profits. Timothy B. Lee, Ars Technica, 25 Apr. 2018 Another benefit, supporters say, is that the SNB would earn more seigniorage fees. Brian Blackstone, WSJ, 3 May 2018 See More Word History
Etymology
Middle English seigneurage, from Anglo-French seignurage right of the lord (especially to coin money), from seignur
First Known Use
15th century, in the meaning defined above