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{%type%} Definitions

WordNet 3.0Copyright Princeton University


Short "hint"

n. - Charged by a government for coining bullion.

Usage examples (37)
  • This gain, called seigniorage, is an implicit tax on the people's cash balances.
  • (Extracting profits from the manufacturing of money is called seigniorage, after seigneur -- "lord" in French.)
  • Dollarized Latins would lose control over their own interest rates and be hit with hefty bills known as seigniorage, a kind of fee countries pay for using someone else's...
  • However in September 1988, amidst excessive printing of the currency by the government to fund expenditures (a practice known as seigniorage) monthly inflation soared to... for more
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