SEIGNIORAGE


Meaning of SEIGNIORAGE in English

n. (also seignorage) 1 a a profit made by issuing currency, esp. by issuing coins rated above their intrinsic value. b hist. the Crown's right to a percentage on bullion brought to a mint for coining. 2 hist. something claimed by a sovereign or feudal superior as a prerogative.

[ ME f. OF seignorage, seigneurage (as SEIGNEUR) ]

Concise Oxford English dictionary.      Краткий оксфордский словарь английского языка.