brassage

American  

[bras-ij, brah-sij] / ˈbræs ɪdʒ, ˈbrɑ sɪdʒ /

noun

1. a charge to cover the costs of coining money.

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Etymology

Origin of brassage

1800–10; < French ( droit de ) brassage the stirring of molten metals prior to casting, equivalent to brass ( er ) to stir (melted metal), literally, to brew ( see brasserie) + -age -age

Example Sentences

There would also be a small fee or "brassage," of, say, 1 per cent. for "coinage," i. e., for depositing the bullion and obtaining its paper circulating representative.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

From what has gone before, as to the possibility of an agio, I conclude that the United States, England, Canada, and possibly France, would be unable to make large brassage charges.

From The Value of Money by Anderson, Benjamin M.