seigniorage
(noun) charged by a government for coining bullion
Source: WordNet® 3.1
seigniorage (plural seigniorages)
(historical) All the revenue obtained by a feudal lord from his vassals.
The revenue obtained directly by minting coin (difference between face value and cost of metal).
(finance) The revenue obtained by the difference between interest earned on securities acquired in exchange for bank notes and the costs of producing and distributing those notes.
Source: Wiktionary
Seign"ior*age, n. Etym: [F. seigneuriage, OF. seignorage.]
1. 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. If government, however, throws the expense of coinage, as is reasonable, upon the holders, by making a charge to cover the expense (which is done by giving back rather less in coin than has been received in bullion, and is called "levying a seigniorage"), the coin will rise to the extent of the seigniorage above the value of the bullion. J. S. Mill.
2. A share of the receipts of a business taken in payment for the use of a right, as a copyright or a patent.
Source: Webster’s Unabridged Dictionary 1913 Edition
4 April 2025
(verb) kill by cutting the head off with a guillotine; “The French guillotined many Vietnamese while they occupied the country”
The first coffee-house in Mecca dates back to the 1510s. The beverage was in Turkey by the 1530s. It appeared in Europe circa 1515-1519 and was introduced to England by 1650. By 1675 the country had more than 3,000 coffee houses, and coffee had replaced beer as a breakfast drink.