seigniorage

English dictionary entry

Meanings

noun
  1. All the revenue obtained by a feudal lord from his vassals.
  2. The revenue obtained directly by minting coin (difference between face value and cost of metal).
  3. The revenue obtained by the difference between interest earned on securities acquired in exchange for bank notes and the costs of producing and distributing those notes.

Pronunciation

/ˈseɪnjəɹɪd͡ʒ/ LL-Q1860 (eng)-Vealhurl-seigniorage.wav

Word forms

seigniorage seigniorages seignorage seigneurage

Etymology

Borrowed from Middle French seigneurage, from seigneur + -age.

This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.