seignorage
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a variation of
seigniorage.
seignioragenounsomething claimed by a sovereign or superior as a prerogative.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
If the seignorage had been two per cent, there would have been neither profit nor loss.
From An Inquiry Into the Nature and Causes of the Wealth of Nations by Germain Garnier
It is on this principle that paper money circulates: the whole charge for paper money may be considered as seignorage.
From On The Principles of Political Economy, and Taxation by David Ricardo
They would neither lose nor gain, therefore, upon the whole transaction, and they would, in this, as in all the foregoing cases, be exactly in the same situation as if there was no seignorage.
From An Inquiry Into the Nature and Causes of the Wealth of Nations by Germain Garnier
If the seignorage had been two per cent., there would have been neither profit nor loss.
From An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith
Accordingly Necker says that the French king takes only 2 per cent of seignorage.
From Life of Adam Smith by John Rae