seigniorage
sei·gnior·age
noun \ˈsān-yə-rij\Definition of SEIGNIORAGE
: 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
sei·gnior·age or sei·gnor·age \ˈsān-yə-rij\
Origin 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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