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Definition of seigniorage
Thanks for using this online dictionary, we have been helping millions of people improve their use of the english language with its free online services. English definition of seigniorage is as below...
Seigniorage
(n.) A share of the
receipts
of a
business
taken in
payment
for the use of a
right,
as a
copyright
or a
patent..
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Seigniorage
::
Seigniorage
(n.)
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..
Seigniorage
::
Seigniorage
(n.) A share of the
receipts
of a
business
taken in
payment
for the use of a
right,
as a
copyright
or a
patent..
Royalty
::
Royalty
(n.) That which is due to a
sovereign,
as a
seigniorage
on gold and
silver
coined
at the mint,
metals
taken from
mines,
etc.; the tax
exacted
in lieu of such
share;
imperiality..
Brassage
::
Brassage
(n.) A sum
formerly
levied
to pay the
expense
of
coinage;
-- now
called
seigniorage.
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