Definition of seigniorage. Meaning of seigniorage. Synonyms of seigniorage

Here you will find one or more explanations in English for the word seigniorage. Also in the bottom left of the page several parts of wikipedia pages related to the word seigniorage and, of course, seigniorage synonyms and on the right images related to the word seigniorage.

Definition of seigniorage

Seigniorage
Seigniorage Seign"ior*age, n. [F. seigneuriage, OF. seignorage.] 1. 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. If government, however, throws the expense of coinage, as is reasonable, upon the holders, by making a charge to cover the expense (which is done by giving back rather less in coin than has been received in bullion, and is called ``levying a seigniorage'), the coin will rise to the extent of the seigniorage above the value of the bullion. --J. S. Mill. 2. A share of the receipts of a business taken in payment for the use of a right, as a copyright or a patent.
seigniorage
Brassage Bras"sage, n. [F.] A sum formerly levied to pay the expense of coinage; -- now called seigniorage.

Meaning of seigniorage from wikipedia

- Seigniorage /ˈseɪnjərɪdʒ/, also spelled seignorage or seigneurage (from Old French seigneuriage 'right of the lord (seigneur) to mint money'), is the...
- supply) and others. There is also Wrapped Bitcoin (WBTC), see BitGo. Seigniorage-style coins, also known as algorithmic stablecoins, utilize algorithms...
- noticeable cost to the mint which peaked at more than 2¢, a negative seigniorage, for the $0.01 face-value coin. This pushed the mint to look for alternative...
- as off-budget and on-budget receipts. Off-budget receipts consist of seigniorage, the difference between the receipts from the Federal Reserve System...
- circulation, the Mint used economic models to estimate the additional seigniorage the program would produce. These estimates established a range of $2...
- system Monetary economics Money bag Money management Non-monetary economy Seigniorage Slang terms for money Social capital Universal basic income Velocity...
- government-owned corporations, sovereign wealth funds, sales of ****ets, or seigniorage) Government borrowing Money creation How a government chooses to finance...
- coin), and the difference in production cost and face value (called seigniorage) helps fund the minting body. Conversely, a U.S. penny ($0.01) cost $0...
- tax, although Georgists endorsed multiple forms of rent capture (e.g. seigniorage) as legitimate. The term Georgism was invented later, and some prefer...
- hedge Modern monetary theory Money creation Money supply Network effect Seigniorage Silver coin Silver standard See Monetary economics for further discussion...