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seigniorage
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The Salt of the World?
- Seigniorage - n. - 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.
- Seigniorage - n. - A share of the receipts of a business taken in payment for the use of a right, as a copyright or a patent.
- Royalty - n. - That which is due to a sovereign, as a seigniorage on gold and silver coined at the mint, metals taken from mines, etc.; the tax exacted in lieu of such share; imperiality.