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De - Pt| English Dictionary: seigniorage | by the DICT Development Group |
| 3 results for seigniorage | |
| From WordNet (r) 3.0 (2006) [wn]: | |
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| From Webster's Revised Unabridged Dictionary (1913) [web1913]: | |
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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. 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 [bd]levying a seigniorage[b8]), the coin will rise to the extent of the seigniorage above the value of the bullion. --J. S. Mill. 2. A share of the receipts of a business taken in payment for the use of a right, as a copyright or a patent. | |
| From Webster's Revised Unabridged Dictionary (1913) [web1913]: | |
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Brassage \Bras"sage\, n. [F.] A sum formerly levied to pay the expense of coinage; -- now called {seigniorage}. | |
