seigniorage

/seen-yer-ij/US // ˈsin yər ɪdʒ //UK // (ˈseɪnjərɪdʒ) //

储金库,储金,储量,储金币

Definitions

n.名词 noun

1
- : something claimed by a sovereign or superior as a prerogative.
- : a charge on bullion brought to the mint to be coined.
- : the difference between the cost of the bullion plus minting expenses and the value as money of the pieces coined, constituting a source of government revenue.

What are the advantages and disadvantages of a seigniorage tax?
All commodities of export would fall in price at once, or fail to rise, to the extent of the seigniorage.
Now the immediate effect of a seigniorage would be, as Professor Fisher points out, a readjustment of the par of foreign exchange.
It is on this principle that paper money circulates; the whole charge for paper money may be considered a seigniorage.
Seigniorage is the right the ruler or state has to charge for coinage, or it is the charge made for coinage.