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Seigniorage / ˈ s eɪ n j ər ɪ dʒ /, also spelled seignorage or seigneurage (from the Old French seigneuriage, "right of the lord (seigneur) to mint money"), is the difference between the value of money and the cost to produce and distribute it.The term can be applied in two ways:
Seigniorage derived from specie (metal coins) is a tax added to the total price of a coin (metal content and ... Co-op. The
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Medaljen Profile General. I was born in Korea, and in 1989 I was awarded a Ph.D. Degree in Economics from the University of Oregon, USA. In 1990 I joined Kangwon National University (KNU), Korea as a Full-time Lecturer, and then became a full Professor in 2001.
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