seigniorage
/seen-yer-ij/US // ˈsin yər ɪdʒ //UK // (ˈseɪnjərɪdʒ) //
储金库,储金,储量,储金币
Definitions
n.名词 noun
- 1
- : something claimed by a sovereign or superior as a prerogative.
- : a charge on bullion brought to the mint to be coined.
- : the difference between the cost of the bullion plus minting expenses and the value as money of the pieces coined, constituting a source of government revenue.
Examples
What are the advantages and disadvantages of a seigniorage tax?
All commodities of export would fall in price at once, or fail to rise, to the extent of the seigniorage.
Now the immediate effect of a seigniorage would be, as Professor Fisher points out, a readjustment of the par of foreign exchange.
It is on this principle that paper money circulates; the whole charge for paper money may be considered a seigniorage.
Seigniorage is the right the ruler or state has to charge for coinage, or it is the charge made for coinage.
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