SEIGNIORAGE


Meaning of SEIGNIORAGE in English

n.

Variant: or sei · gnor · age

Pronunciation: ' s ā n-y ə -rij

Function: noun

Etymology: Middle English seigneurage, from Anglo-French seignurage right of the lord (esp. to coin money), from seignur

Date: 15th century

: a government revenue from the manufacture of coins calculated as the difference between the face value and the metal value of the coins

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.