Vocab Bloom Hub

seigniorage

/ˈseɪ.njə.rɪdʒ/

1 entry

noun

/ˈseɪ.njə.rɪdʒ/C2formal
  • ruСуществительное, обозначающее прибыль или сбор, получаемый правительством за чеканку монет, обычно разница между номинальной стоимостью монеты и стоимостью металла и производства.

A noun referring to the profit or charge taken by a government for minting coins, typically the difference between the face value of the coin and the cost of the metal and production.

uncountable

  1. Government charge for minting coinsC2formal

    A fee or profit charged by a government for converting bullion into coinage.

    ruСеньораж

    • The government imposed a seigniorage fee on all gold bullion used for minting.
    • Historically, seigniorage was a significant source of revenue for monarchs.
    • The central bank calculates seigniorage as the difference between the face value of coins and their production cost.

    Synonymsmintage

Forms
  • seigniorages plural form
  • seigniorages' possessive plural form
  • seigniorage's possessive singular form