seignorage
noun
Meaning
- All the revenue obtained by a feudal lord from his vassals.
- The revenue obtained directly by minting coin (difference between face value and cost of metal).
- 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.
Etymology / origin
No prose etymology has been added yet.
No ancestor words have been linked yet.
Related words
Descendant words
No descendant words have been linked yet.