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seignorage

 - 1 dictionary result

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 ME seigneurage < MF seignorage, seigneurage; see seigneur, -age
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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