seigniorage Hear it!

seigniorage definition

sei·gnior·age (sān′yər ij)

noun

  1. something claimed or taken by a sovereign or other superior as his or her just right or due
  2. a government revenue that is the difference between the face value of coins and the costs of their mintage

Etymology: ME seignorage < OFr < seignor: see seignior

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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