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Seigniorage
(redirected from Seniorage)

    Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.01 sec.
Seigniorage
The amount of goods and services that the government obtains by printing new money in a given period. Often we consider this in real terms, by dividing the new money by the price level.
Seigniorage
The money a government generates when it prints more money. This usually is calculated as the difference between the face value of the money and the value of the bullion backing it.
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In Armenia several traditional measures, like central bank lending to the government or the share of seniorage in GDP indicate that fiscal dominance is not an issue.
Inflation targeting in Armenia: monetary policy in transition by Banaian, King; Kemme, David M.; Sargsyan, Grigor / Comparative Economic Studies
The valuable seniorage rights of the nation have been handed over to private banks by the tolerance of a practice known as Fractional Reserve Banking.
A world of difference between rich celebrities and workers by The Journal (Newcastle, England)
These are countries in which the use of foreign currencies is so widespread that seniorage losses are substantial.
Dynamics of currency substitution, asset substitution and de facto ... by Feige, Edgar L / Comparative Economic Studies
 
 
 
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