seign·ior·age

[seen-yer-ij]
noun
1.
something claimed by a sovereign or superior as a prerogative.
2.
a charge on bullion brought to the mint to be coined.
3.
the difference between the cost of the bullion plus minting expenses and the value as money of the pieces coined, constituting a source of government revenue.
Also, seign·or·age.


Origin:
1400–50; late Middle English seigneurage < Middle French seignorage, seigneurage; see seigneur, -age

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World English Dictionary
seigniorage (ˈseɪnjərɪdʒ) [Click for IPA pronunciation guide]
 
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

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Cite This Source
00:10
Seigniorage is always a great word to know.
So is ort. Does it mean:
a scrap or morsel of food left at a meal.
a printed punctuation mark (‽), available only in some typefaces, designed to combine the question mark (?) and the exclamation point (!), indicating a mixture of query and interjection, as after a rhetorical question.
Example sentences
Click on the dictionary to find out about seigniorage.
The gap between the printing cost of banknotes and their face value is called
  seigniorage.
Seigniorage is treated as a reduction in the amount of money that must be
  borrowed from the public to finance the deficit.
At first, the seigniorage to offset the costs of new coins would derive from
  coins manufactured under current law.
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