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LSDefine

Simple English definitions for legal terms

seigniorage

Read a random definition: ad damnum clause

A quick definition of seigniorage:

Seigniorage: Seigniorage is a fancy word that means different things depending on the context. In history, it referred to the relationship between a lord and their vassal. However, in modern times, it usually refers to the profit that a government makes from creating and distributing money. This profit comes from the difference between the cost of producing the money and the value of the money itself. Essentially, seigniorage is the money that a government makes from creating money.

A more thorough explanation:

Definition: Seigniorage is a term used to describe the profit that a government makes by creating and issuing currency. It is the difference between the cost of producing the currency and the face value of the currency.

For example, if it costs a government 5 cents to produce a coin that has a face value of 25 cents, then the seigniorage would be 20 cents. This profit can be used to fund government programs or reduce the national debt.

Seigniorage can also refer to the charge for coining bullion into money, which was a prerogative of the Crown in the past. It can also be used to describe a royalty or a profit.

Overall, seigniorage is an important source of revenue for governments and can help to fund important programs and initiatives.

seignior | seignioress

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9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
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