write notes on gratuitous coinage
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Answer:
The coinage of standard metal without a minting fee, i.e., brassage or seigniorage. This act should not be confused with free coinage, which is the unrestricted minting of a standard metal, with or without minting fees.
Related Entries of the International Encyclopedia:
Standard Bullion Gold or silver in bars of the same composition as gold or silver coins. Since gold and silver coins consist of 90 precent precious metal and 10 percent base metal (usually copper), standard bullion would consist of a like mixture of precious and base metals. In effect, the bullion is suitable for im......
Debasement The reduction, by governmental authority, of the amount of precious metal in the coinage below the conventional level. Debasement results in diluting the precious metal content of the coinage, usually to increase the supply of money for government purposes. The effect of such dilution is often a los......
Bullion Value The market value of the metal in a coin, as contrasted with the denominational value of the coin as money.......
Unparted Bullion A bar of precious metal containing base metal impurities.......
Gross Domestic Product Summary of Gross Domestic Product The aggregate value, expressed in monetary terms, of all goods and services produced within a national economy during a given time period, usually one year.(Main Author: William J. Miller) Gross Domestic Product (gdp) (in the Human Development [...]...
Free Coinage The system under which any individual may take bullion to the mint and have it coined. In the United States free coinage of silver persisted from 1792 to 1873; free coinage of gold was practiced from 1792 to 1933. The government's charge for converting bullion to coin is known as brassage; any p......
Limited Coinage A government policy limiting the right of individuals to bring bullion to the mint and have it coined. See free coinage.......
Full-Bodied Coinage Coins containing precious metal with a market value at least equal to the face value.......
Gratuitous Resources See Also As to gratuitous Bailment Contract Deposit Gratis...
Gratuitous Allowance Description of Gratuitous Allowance Resources See Also Officers Public Employees...
Gratuitous Assignment Description of Gratuitous Assignment Resources See Also Assignments...
Gratuitous Services Surgeon, Gratuitous Services From the book The Clergyman's Hand-book of Law, about Surgeon, Gratuitous Services (1): A charitable medical institution is not liable for the negligence of its surgeon in operating upon a patient gratuitously where such institution exercises due care in [...]...
Gratuitous Bailee Resources See Also Bailee...
Gratuitous Guest Resources See Also Guest Guest statute...
Gratuitous Passenger Resources See Also Gratuitous guest Guest...
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