Home > Term: seigniorage
seigniorage
Something claimed or taken by virtue of sovereign prerogative; specifically, a charge or toll deducted from bullion brought to a mint to be coined; the difference between the cost of a mass of bullion and the value as money of the pieces coined from it.
- Part of Speech: noun
- Industry/Domain: Language
- Category: Dictionaries
- Company: MICRA Inc.
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- spencer12
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(Germany)