SEIGNIORAGE


Meaning of SEIGNIORAGE in English

( n. )

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.

Webster's Revised Unabridged English Dictionary.      Пересмотренный полный словарь английского языка Webster.