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seigniorageenUK
seign·ior·age S0220000 (sān′yər-ĭj)n. Revenue or a profit taken from the minting of coins, usually the difference between the value of the bullion used and the face value of the coin. [Middle English seigneurage, from Old French, from seignor, seignior; see seignior.]seigniorage or seignoragen1. something claimed by a sovereign or superior as a prerogative, right, or due2. a fee payable to a government for coining bullion3. the difference in value between the cost of bullion and the face value of the coin made from itsei•gnior•age or sei•gnor•age (ˈsin yər ɪdʒ, ˈseɪn-) n. 1. something claimed by a sovereign or superior as a prerogative. 2. a charge on bullion brought to the mint to be coined. [1400–50; late Middle English seigneurage < Middle French seignorage, seigneurage; see seigneur, -age] ThesaurusNoun | 1. | seigniorage - charged by a government for coining bullionfee - a fixed charge for a privilege or for professional services | TranslationsSeigniorageenUK
SeigniorageThe amount of goods and services that the government obtains by printing new money in a given period. Often we consider this in real terms, by dividing the new money by the price level.SeigniorageThe money a government generates when it prints more money. This usually is calculated as the difference between the face value of the money and the value of the bullion backing it.seigniorageenUK
Words related to seignioragenoun charged by a government for coining bullionRelated Words |