Definitions
Sorry, no definitions found. Check out and contribute to the discussion of this word!
Etymologies
Sorry, no etymologies found.
Support
Help support Wordnik (and make this page ad-free) by adopting the word negative seigniorage.
Examples
Sorry, no example sentences found.
reesetee commented on the word negative seigniorage
"Primarily because zinc, too, has soared in value, producing a penny now costs about 1.7 cents. Since the Mint currently manufactures more than seven billion pennies a year and 'sells' them to the Federal Reserve at their face value, the Treasury incurs an annual penny deficit of about fifty million dollars--a condition known in the coin world as 'negative seigniorage.'" -- David Owen, "Penny Dreadful," The New Yorker online, 3/31/08
March 25, 2008