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Charged by a government for coining bullion
Answer for the clue "Charged by a government for coining bullion ", 11 letters:
seigniorage
Word definitions for seigniorage in dictionaries
Wiktionary
Word definitions in Wiktionary
n. 1 (context historical English) All the revenue obtained by a feudal lord from his vassals. 2 The revenue obtained directly by minting coin (difference between cost of metal and face value). 3 (context finance English) The revenue obtained by the difference ...
The Collaborative International Dictionary
Word definitions in The Collaborative International Dictionary
Brassage \Bras"sage\, n. [F.] A sum formerly levied to pay the expense of coinage; -- now called seigniorage .
Douglas Harper's Etymology Dictionary
Word definitions in Douglas Harper's Etymology Dictionary
mid-15c., from Old French seignorage , from seignor (see seignior ).
Wikipedia
Word definitions in Wikipedia
Seigniorage , also spelled seignorage or seigneurage (from Old French seigneuriage "right of the lord ( seigneur ) to mint money"), is the difference between the value of money and the cost to produce and distribute it. The term can be applied in the following ...
WordNet
Word definitions in WordNet
n. charged by a government for coining bullion
Usage examples of seigniorage.
The heavy seigniorage tax on gold and silver, and the costs of transportation by way of Panama, also sent a stream of contraband metal from Charcas to Buenos Aires, where it found eager buyers among the Portuguese traders from Brazil, who even founded the town of Colonia on the opposite bank of the estuary to facilitate their hazardous traffic.
Copernicus advocated a universal coinage, to be adopted by all civilized nations, and the amount of alloy should be known and plainly stated, and this alloy should simply be the seigniorage, or what was taken out to cover the cost of mintage.