Tag: Mint

Seigniorage (CongressionalGlossary.com)

Seigniorage (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Seigniorage photo credit: leebuntu The difference between the face value of minted circulating coins and the cost of their production, including the cost of metal used in the minting and the cost of transporting the coins to Federal Reserve Banks for distribution to the public. […]