English version

seignorage in Banking topic

From Longman Business Dictionaryseignoragesei‧gnor‧age /ˈseɪnjərɪdʒ/ noun [uncountable] BANKING the amount that a government earns from printing its own moneyIf Argentina fixed its currency to the dollar, one problem would be the loss of seignorage, worth about $750m a year.