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1. (n.) seigniorage
something claimed by a sovereign or superior as a prerogative.
2. seigniorage
a charge on bullion brought to the mint to be coined.
Etymology: (1400–50; late ME seigneurage < MF seignorage, seigneurage; see seigneur , -age)
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| Definition of 'seigniorage' |
Princeton's WordNet |
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1. (noun) seigniorage
charged by a government for coining bullion
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| Definition of 'seigniorage' |
Webster Dictionary |
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1. (noun) 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
2. (noun) seigniorage
a share of the receipts of a business taken in payment for the use of a right, as a copyright or a patent
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