Home >  Term: seignorage
seignorage

Traditionally, the profit rulers made from allowing metals to be turned into coins. Now it refers in a loosely defined way to the power of a country whose notes and coins are held by another country as a reserve currency.

0 0

Creator

  • summer.l
  •  (Silver) 607 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.