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seigniorage::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | fee |
Examples of seigniorage
seigniorage
The privilege of minting official coins developed into the concept of seigniorage.
From the en.wikipedia.org
The gap between the printing cost of banknotes and their face value is called seigniorage.
From the economist.com
Successful coin types of high nobility would be copied by lower nobility for seigniorage.
From the en.wikipedia.org
Historically, seigniorage was the profit resulting from producing coins.
From the en.wikipedia.org
More coins in circulation mean more seigniorage for the government.
From the stltoday.com
Moderate inflation can increase seigniorage and make a small contribution to debt reduction.
From the economist.com
This profit, known as seigniorage, is one of the great hidden sources of government revenue.
From the economist.com
Seigniorage is the net revenue derived from the issuing of currency.
From the en.wikipedia.org
A revenue, called seigniorage, is made on this minting process.
From the en.wikipedia.org
- Charged by a government for coining bullion
- Seigniorage /u02C8seu026Anju0259ru026Adu0292/, also spelled seignorage or seigneurage (from Old French seigneuriage "right of the lord (seigneur) to mint money"), is the difference between the value of money and the cost to produce and distribute it. The term can be applied in the following ways:
- All the revenue obtained by a feudal lord from his vassals; The revenue obtained directly by minting coin (difference between cost of metal and face value)
- The profits resulting from the difference between the cost to make a coin and its face value, or its worth as money and legal tender. Most coins cost less to make than their face value; when it becomes too expensive to make a certain coin, size, weight and composition are often changed.
- The difference between what money can buy and its cost of production. Therefore, seigniorage is the benefit that a government or other monetary authority derives from the ability to create money. ...
- A charge made for converting monetary metal into coins.
- Revenues are the amount of real resources bought by the government with newly created money.
- The difference, which may be positive or negative, between the face value of specie (coin), silver or gold certificates, or fiat money and its commodity value in a free market.
- The difference between the cost of minting a coin and what the mint generates in money for it. It may only cost .10 to manufacture a half dollar. However, the mint gets 50 cents for it. The result is .40 seigniorage.
