SEIGNIORAGE
seigniorage (seen-y[schwa]r-ij), n. [Law French]1. Hist. The tenure existing between lord and vassal.
2. Hist. A prerogative of the Crown; specif., the charge for coining bullion into money; mintage.
3. A royalty.
4. A profit.
1. Hist. The tenure existing between lord and vassal.
2. Hist. A prerogative of the Crown; specif., the charge for coining bullion into money; mintage.
3. A royalty.
4. A profit.