a b c d e f g h i j k l m n o p q r s t u v w y z search

TeachMeFinance.com - explain seigniorage seigniorage -- 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. historic definition... Seigniorage -- The difference between the cost of bullion and the value of the coin into which the bullion is converted. In the coinage of gold there is, of course, no seigniorage for the reason that the act of coining adds no value whatever to the metal. Coinage of gold is merely an official certification of weight and quality for the sake of convenience. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.