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Seigniorage
Meaning
Noun
●
All the
revenue
obtained
by a
feudal lord
from his vassals.
●
In Money:
The
revenue
obtained
directly
by
minting
coin
(difference between
face value
and cost of metal).
●
In 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
.
Sourced from
Wiktionary
Origin
seigniorage
English
seigneur
French
senior
Latin
senex
Latin
Sourced from
Etym
Synonyms
Seignorage
Seigneurage
Related
Demurrage
Taxation
Fiat
Fiat Money
Fiat Currency
Economic Rent
Fractional Reserve Banking
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