- something claimed or taken by a sovereign or other superior as his or her just right or due
- a government revenue that is the difference between the face value of coins and the costs of their mintage
Origin of seigniorageMiddle English seignorage ; from Old French ; from seignor: see seignior
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.
Origin of seigniorageMiddle English seigneurage, from Old French, from seignor, seignior; see seignior.
- (historical) All the revenue obtained by a feudal lord from his vassals.
- The revenue obtained directly by minting coin (difference between cost of metal and face value).
- (finance) The revenue obtained by the difference between interest earned on securities acquired in exchange for bank notes and the costs of producing and distributing those notes.