Defining Finance - Seigniorage
- Keyword Financial
- Jul 31, 2022
- 2 min read
Updated: Nov 1, 2022
Seigniorage, also spelled seignorage or seigneurage, is the difference between the value of money and the cost to produce and distribute it. The term can be applied in two ways: • Seigniorage derived from specie is a tax added to the total cost of a coin that a customer of the mint had to pay, and which was sent to the sovereign of the political region.