Is Word seigniorages Accepted in TWL Scrabble Dictionary?
seigniorages is Accepted in TWL Scrabble Dictionary
seignioragesScrabble score: 14
Meaning of seigniorages
Profit made by a government by issuing currency, esp. the difference between the face value of coins and their production costs
The Crown's right to a percentage on bullion brought to a mint for coining
A thing claimed by a sovereign or feudal superior as a prerogative
SEIGNIORAGE, a government revenue from the manufacture of coins calculated as the difference between the monetary and the bullion value of the silver contained in silver coins [n]