Seigniorage
(n.) 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.
Seigniorage - Other Definitions
- (n.) 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.
- (n.) 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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