seigniorage

(redirected from Seniorage)
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seign·ior·age

 (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

seignorage

n
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

sei•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]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.seigniorage - charged by a government for coining bullion
fee - a fixed charge for a privilege or for professional services
Translations
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References in periodicals archive ?
As pointed out by Walsh (2003), Bohn (1991) does not differentiate between the effects of deficit on Seniorage revenues and on other revenues.
In Armenia several traditional measures, like central bank lending to the government or the share of seniorage in GDP indicate that fiscal dominance is not an issue.
The valuable seniorage rights of the nation have been handed over to private banks by the tolerance of a practice known as Fractional Reserve Banking.