mintage
- noun
- /ˈmɪn.tɪdʒ/
- Specialized
- The government agreed to pay the mintage for each batch of coins produced.
Examples
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I paid the mintage fee for the special edition coins.
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The mintage for the new coin was set at $1 million.
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Debate arose over how the mintage was calculated in the contract with the Royal Mint.
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Historically, the mintage was an important revenue source for sovereigns issuing new coins.
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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
Profit a government gets when the value of money is higher than its cost to make
How High
- Specialized
- Specialized
Surface Forms
Morphology
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.