seigniorage
IPA: signˈiɝɪdʒ
noun
- (historical) All the revenue obtained by a feudal lord from his vassals.
- (money) The revenue obtained directly by minting coin (difference between face value and cost of metal).
- (finance) The revenue obtained by the difference between interest earned on securities acquired in exchange for bank notes and the costs of producing and distributing those notes.
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Examples of "seigniorage" in Sentences
- Italy used to use seigniorage extensively.
- Macroeconomic seigniorage is an entirely different animal.
- Seigniorage is the profit a country makes by printing money.
- Some have attributed the fall of the Roman Empire to seigniorage.
- Seigniorage is the net revenue derived from the issuing of currency.
- Seigniorage is a convenient source of revenue for some national banks.
- Seigniorage is an important source of revenue for some national banks.
- Collecting the US State quarters is given as an example of seigniorage.
- Seigniorage is the profit gained by a government when it issues currency.
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