'seigniorage' can also refer to...


More Like This

Show all results sharing this subject:

  • Financial Institutions and Services


Quick Reference

The profits accruing to the issuer of legal tender, mainly as a result of the difference between the material costs of producing currency and its face value. The term is frequently used in reference to the US Treasury's earnings from producing coins and notes; as the producer of the world's major reserve currency and black market currency, the USA can obtain considerable gains from printing money.

Subjects: Financial Institutions and Services.

Reference entries