What is the word for when a government makes money when their currency is collected.

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Request for Question Clarification by czh-ga on 15 Jun 2005 14:53 PDT

Collected by whom? Are you asking about what is the term for a
government collecting money from its citizens? If yes, how about
taxes?

Hello and thank you for your question.

The word is "seigniorage"
Seigniorage is the net revenue derived from the issuing of coins or
bank notes. It arises from the (often substantial) difference between
the face value of a coin or bank note and the cost of producing and
distributing it.
http://www.bankofcanada.ca/en/backgrounders/bg-m3.html
http://www.answers.com/topic/seigniorage
http://en.wikipedia.org/wiki/Seigniorage


Cheers,
Google Answers Researcher
Richard-ga

The word "seigniorage" comes to mind. M-W defins this as "government
revenue from the manufacture of coins calculated as the difference
between the face value and the metal value of the coins".

The term is also used when speaking of unredeemed currency when
certain coins or paper currency is demonetized. Were the US to stop
minting pennies, announcing that after a certain date they would no
longer be legal money, all those lost and unredeemed pennies can then
be counted as revenue.