The profit that results from the difference in the cost of printing money and the face value of that money.
Something claimed or taken by virtue of sovereign prerogative; specifically, a charge or toll deducted from bullion brought to a mint to be coined; the difference between the cost of a mass of bullion and the value as money of the pieces coined from it.
The difference between what money can buy and its cost of production. Therefore, seigniorage is the benefit that a government or other monetary authority derives from the ability to create money. In international exchange, if one country's money is willingly held by another, the first country derives these seigniorage benefits. This is the case of a reserve currency.
Profit to the government from the manufacture of coins. The profit is the difference between the face value of coins and the cost of producing them.
charged by a government for coining bullion
the difference between the cost of minting a coin and what the mint gets for it. Example, it may only cost 6 cents to manufacture a half dollar. However, the mint gets 50 cents for it. The result is 44 cents profit, or seigniorage.
Seigniorage revenue is the net revenue derived for governments from the issuing of coins and bank notes. It is the difference between interest earned on the issuance of money and the costs associated with the producing and distributing bank notes & coins. Unlike the seigniorage for coins, bank note seigniorage is collected in instalments over a period of years due to paper money's short life span (ie. damaged notes) and the future liability to government of redeeming the currency. Revenue = the nominal value of denomination + interest - (redemption nominal value + distribution & production). The net profit to government is upwards in the range of 5 percent of the value of the currency in circulation.
The gain to the government from the difference between the face value of minted coins put into circulation and the cost of producing them (including the cost of the metal used in the coins). Seigniorage is considered a means of financing and is not included in the budget totals. See means of financing.
Difference between the facial value of a bank note or a coin and its production costs. This difference is collected by central banks and represents a major share of their revenues. Also refers to the positive float enjoyed by central banks.
The profit which results from the difference between the cost of making coins and currency and the exchange value of coin and currency in the market.
Seigniorage, also spelled seignorage or seigneurage, is the net revenue derived from the issuing of currency. It arises from the difference between the face value of a coin or bank note and the cost of producing, distributing and eventually retiring it from circulation. Seigniorage is an important source of revenue for some national banks.
