something claimed by a sovereign or superior as a prerogative, right, or due
2.
a fee payable to a government for coining bullion
3.
the difference in value between the cost of bullion and the face value of the coin made from it
seigniorage in American English
(ˈseɪnjərɪdʒ)
noun
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 the costs of their mintage
Word origin
ME seignorage < OFr < seignor: see seignior
seigniorage in Finance
(seɪnyərɪdʒ)
noun
(Finance: Economics)
Seigniorage is the profit that a government makes by issuing money, because the value of the money is more than what it costs to produce the coins orbills.
Seigniorage is the profit from making money and depends on the ability to have people hold yourcurrency or other assets at a noncompetitive yield.
The US government earned about $6.3 billion in seigniorage from issuing collectible state quarters.
Seigniorage is the profit that a government makes by issuing money, because the value of themoney is more than what it costs to produce the coins or bills.