Seigniorage
Seigniorage Seign"ior*age, n. [F. seigneuriage, OF. seignorage.] 1. 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. [1913 Webster]

If government, however, throws the expense of coinage, as is reasonable, upon the holders, by making a charge to cover the expense (which is done by giving back rather less in coin than has been received in bullion, and is called ``levying a seigniorage''), the coin will rise to the extent of the seigniorage above the value of the bullion. --J. S. Mill. [1913 Webster]

2. A share of the receipts of a business taken in payment for the use of a right, as a copyright or a patent. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

Synonyms:

Look at other dictionaries:

  • Seigniorage — (pronEng|ˈseɪnjərɪdʒ sei.nY .Ridj ), also spelled seignorage or seigneurage, is the net revenue derived from the issuing of currency. Seigniorage derived from coins arises from the difference between the face value of a coin and the cost of… …   Wikipedia

  • seigniorage — (n.) mid 15c., from O.Fr. seignorage, from seignor (see SEIGNIOR (Cf. seignior)) …   Etymology dictionary

  • seigniorage — (seignorage) (izg. senjorȃž) m DEFINICIJA ekon. razlika između nominalne vrijednosti novca i troška njegove proizvodnje ETIMOLOGIJA fr …   Hrvatski jezični portal

  • seigniorage — [sān′yər ij] n. [ME seignorage < OFr < seignor: see SEIGNIOR] 1. something claimed or taken by a sovereign or other superior as his or her just right or due 2. a government revenue that is the difference between the face value of coins and… …   English World dictionary

  • Seigniorage — Als Seigniorage (historisch auch „Münzgewinn“ oder „Schlagschatz“) werden die vom Staat bzw. von der Notenbank erzielten Nettoerträge bezeichnet, die durch die Emission von Bargeld und andere Formen des Zentralbankgeldes, die private Haushalte… …   Deutsch Wikipedia

  • seigniorage — /seen yeuhr ij/, n. 1. something claimed by a sovereign or superior as a prerogative. 2. a charge on bullion brought to the mint to be coined. 3. the difference between the cost of the bullion plus minting expenses and the value as money of the… …   Universalium

  • Seigniorage — The difference between the value of money and the cost to produce it in other words, the economic cost of producing a currency within a given economy or country. If the seigniorage is positive, then the government will make an economic profit; a… …   Investment dictionary

  • seigniorage — The amount of goods and services that the government obtains by printing new money in a given period. Often we consider this in real terms, by dividing the new money by the price level. Bloomberg Financial Dictionary * * * seigniorage UK US (also …   Financial and business terms

  • seigniorage — Brassage Bras sage, n. [F.] A sum formerly levied to pay the expense of coinage; now called {seigniorage}. [1913 Webster] …   The Collaborative International Dictionary of English

  • seigniorage — or seignorage noun Etymology: Middle English seigneurage, from Anglo French seignurage right of the lord (especially to coin money), from seignur Date: 15th century a government revenue from the manufacture of coins calculated as the difference… …   New Collegiate Dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”