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seigniorage

noun sei·gnior·age \ˈsān-yə-rij\

Definition of seigniorage

  1. :  a government revenue from the manufacture of coins calculated as the difference between the face value and the metal value of the coins



Variants of seigniorage

or

seignorage

play \ˈsān-yə-rij\

Origin and Etymology of seigniorage

Middle English seigneurage, from Anglo-French seignurage right of the lord (especially to coin money), from seignur


First Known Use: 15th century



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