seigniorage
pronunciation
How to pronounce seigniorage in British English:
UK ['si:njərɪdʒ]
How to pronounce seigniorage in American English:
US ['sinjərɪdʒ]
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- Noun:
- charged by a government for coining bullion
Word Origin
- seigniorage (n.)
- mid-15c., from Old French seignorage, from seignor (see seignior).
Example
- 1. Thus the fund enjoys the seigniorage of the currency notes .
- 2. And the public purse gets a second boost from seigniorage , the difference between the value of the coins and the cost of producing them .
- 3. That is where seigniorage comes in .
- 4. This profit , known as seigniorage , is one of the great hidden sources of government revenue .
- 5. The ecb 's gains from seigniorage are becoming increasingly important this year .