Search Results for: BULLION

mutui datio

mutui datio (myoo-choo-Iday-shee-oh). [Latin] Roman law. The lending of objects that could be weighed, measured, or counted (such as bullion, corn, wine, oil, and coined money), on the understanding that the borrower would repay by restoring an equal amount of the object borrowed. See MUTUUM(2).

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seigniorage

seigniorage (seen-y[schwa]r-ij), n. [Law French] 1. Hist. The tenure existing between lord and vassal. 2. Hist. A prerogative of the Crown; specif., the charge for coining bullion into money; mintage. 3. A royalty. 4. A profit.

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