◄ Seigniorage ►

Dictionary
1. (n.) Something claimed or taken by virtue of sovereign prerogative; specifically, a charge or toll deducted from bullion brought to a mint to be coined; the difference between the cost of a mass of bullion and the value as money of the pieces coined from it.

2. (n.) A share of the receipts of a business taken in payment for the use of a right, as a copyright or a patent.

                                                                                                                                                                                                                                       

Clyx.com


Seignior
Top of Page
Top of Page