seigniorage(redirected from Seniorage)
Also found in: Thesaurus, Financial.
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.]
1. something claimed by a sovereign or superior as a prerogative, right, or due
2. a fee payable to a government for coining bullion
3. the difference in value between the cost of bullion and the face value of the coin made from it
or sei•gnor•age(ˈsin yər ɪdʒ, ˈseɪn-)
1. something claimed by a sovereign or superior as a prerogative.
2. a charge on bullion brought to the mint to be coined.