Associations to the word «Seigniorage»

Wiktionary

SEIGNIORAGE, noun. (historical) All the revenue obtained by a feudal lord from his vassals.
SEIGNIORAGE, noun. The revenue obtained directly by minting coin (difference between cost of metal and face value).
SEIGNIORAGE, noun. (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.

Dictionary definition

SEIGNIORAGE, noun. Charged by a government for coining bullion.

Wise words

Words, words, words! They shut one off from the universe. Three quarters of the time one's never in contact with things, only with the beastly words that stand for them.
Aldous Huxley