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Seignorage

All the revenue obtained by a feudal lord from his vassals.

📖 Definitions of "Seignorage"

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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