Definitions

1. noun

A fee charged by a feudal lord for the right to collect taxes or exercise other privileges in a particular area.

“The seignorage imposed by the local lord was a significant burden on the peasants.”

2. noun

The value or profit derived from the difference between the face value of a coin or a currency and its intrinsic value.

“The seignorage on gold coins was a major factor in their popularity among collectors.”