Sienurage financial definition of Sienurage
Seigniorage (redirected from Sienurage)
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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.
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