About The Word Seigniorage

Bay Area Crosswords

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Seigniorage

Seigniorage Meaning & Definition
Seigniorage Definition And Meaning

What's The Definition Of Seigniorage?

[n] charged by a government for coining bullion

Synonyms | Synonyms for Seigniorage:

Related Terms | Find terms related to Seigniorage:

See Also | fee

Seigniorage In Webster's Dictionary

\Seign"ior*age\, n. [F. seigneuriage, OF. seignorage.] 1. Something claimed or taken by virtue of sovereign prerogative; specifically, a charge or toll deducted from bullion brought to a mint to be coined; the difference between the cost of a mass of bullion and the value as money of the pieces coined from it. If government, however, throws the expense of coinage, as is reasonable, upon the holders, by making a charge to cover the expense (which is done by giving back rather less in coin than has been received in bullion, and is called ``levying a seigniorage''), the coin will rise to the extent of the seigniorage above the value of the bullion. --J. S. Mill. 2. A share of the receipts of a business taken in payment for the use of a right, as a copyright or a patent.

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