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Seigniorage
/ˈseɪ.njə.ɹɪdʒ/
All the revenue obtained by a feudal lord from his vassals.
📖 Definitions of "Seigniorage"
noun
- 1
All the revenue obtained by a feudal lord from his vassals.
- 2
The revenue obtained directly by minting coin (difference between face value and cost of metal).
- 3
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.
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