seigniorage

or seign·or·age

[ seen-yer-ij ]
/ ˈsin yər ɪdʒ /

noun

something claimed by a sovereign or superior as a prerogative.
a charge on bullion brought to the mint to be coined.
the difference between the cost of the bullion plus minting expenses and the value as money of the pieces coined, constituting a source of government revenue.

Origin of seigniorage

1400–50; late Middle English seigneurage < Middle French seignorage, seigneurage; see seigneur, -age
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for seigniorage

British Dictionary definitions for seigniorage

seigniorage

/ (ˈseɪnjərɪdʒ) /

noun

something claimed by a sovereign or superior as a prerogative, right, or due
a fee payable to a government for coining bullion
the difference in value between the cost of bullion and the face value of the coin made from it
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012