SEIGNIORAGE


Meaning of SEIGNIORAGE in English

transcription, транскрипция: [ noun ]

or sei·gnor·age ˈsān-yə-rij

Etymology: Middle English seigneurage, from Anglo-French seignurage right of the lord (especially 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's Collegiate English vocabulary.      Энциклопедический словарь английского языка Merriam Webster.