Seigniorage Definition

sānyər-ĭj
noun
Something claimed or taken by a sovereign or other superior as his or her just right or due.
Webster's New World
A government revenue that is the difference between the face value of coins and the costs of their mintage.
Webster's New World

(historical) All the revenue obtained by a feudal lord from his vassals.

Wiktionary

(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.

Wiktionary

Other Word Forms of Seigniorage

Noun

Singular:
seigniorage
Plural:
seigniorages

Origin of Seigniorage

  • Middle English seigneurage from Old French from seignor seignior seignior

    From American Heritage Dictionary of the English Language, 5th Edition

  • Borrowing from Old French seignorage.

    From Wiktionary

Seigniorage Sentence Examples

  • It advocates unity of the monetary system throughout the entire state, with strict integrity in the quality of the coin, and the charge of a seigniorage sufficient to cover the expenses of mintage.

  • One of the most important duties of the warden was the collection from the contractor of the seigniorage which was claimed by the sovereign by virtue of his prerogative as a source of revenue to the Crown.

  • The right of levying seigniorage, however, was sometimes waived by the king to encourage his subjects to bring gold and silver to the mint, and several instances are recorded in which the aid of alchemists was called in to effect the transmutation of baser metals into gold.

  • Seigniorage was abolished for both gold and silver in 1666, when it was provided that no charge should be made at the Mint for coining and assaying.

  • It corresponds to the seigniorage levied by the king on all coinages down to the reign of Charles II.

More Sentences

Find Similar Words

Find similar words to seigniorage using the buttons below.

Words Starting With

SSESEI

Words Ending With

EGEAGE

Unscrambles

seigniorage

Words Starting With S and Ending With E

Starts With S & Ends With EStarts With SE & Ends With EStarts With S & Ends With GE

Word Length

11 Letter Words11 Letter Words Starting With S11 Letter Words Ending With E