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seigniorage

/ˈseɪnjəɹɪd͡ʒ/ noun

noun Definition from Wiktionary (CC BY-SA). Pronunciation from Wiktionary, via Kaikki.org. More about seigniorage at Wordnik → Where our words come from →

  1. All the revenue obtained by a feudal lord from his vassals.
  2. The revenue obtained directly by minting coin (difference between face value and cost of metal).
  3. 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.

Origin

Borrowed from Middle French seigneurage, from seigneur + -age.

From Wiktionary, via Kaikki.org (CC BY-SA)