Glossary

Seigniorage

Seigniorage yield: It is the difference between the face value of the currency and the cost of issuing it, that is, the difference between the cost of the currency and its actual exchange value.

Example: If we assume that a hundred dollar bill costs, for example, one dollar to produce, then the minting yield is 99 dollars.


Learn more economic terms in the Glossary of Terms

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