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mintage

mintage

9.9
A fee the government pays to make coins
  • noun
  • /ˈmɪn.tɪdʒ/
  • Specialized
translation icon : señoreaje
  • The government agreed to pay the mintage for each batch of coins produced.

Examples

  • I paid the mintage fee for the special edition coins.

  • The mintage for the new coin was set at $1 million.

  • Debate arose over how the mintage was calculated in the contract with the Royal Mint.

  • Historically, the mintage was an important revenue source for sovereigns issuing new coins.

  • The government agreed to pay the mintage for each batch of coins produced.

  • I paid the mintage fee for the special edition coins.

  • Debate arose over how the mintage was calculated in the contract with the Royal Mint.

Synonyms

seigniorage
vsmintage
  • Specialized
1 9.9

Profit a government gets when the value of money is higher than its cost to make

is a specific fee paid to a producer for creating one currency piece

How High

high-interest
12 4.2
substantial
394 5.0
mintage
  • Specialized
9.9
nominal
  • Specialized
29 6.8

Surface Forms

mintage singular
mintages plural

Morphology

mintage = mint (opaque) = mint + age

Although the form comes from 'mint' + '-age', the sense 'fee paid to a mint' is a specialized historical meaning that is not directly predictable from the parts.

Etymology

Mintage comes from mint ('place that makes coins') and -age ('the act or result'), and the word was used for the mint's work and the fee for that work. So mintage can also mean the payment a government makes to have coins produced.