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MONETAGIUM Definition & Legal Meaning

Law dictionary entry - legal definition of embargo

Definition & Citations:

Mintage, or the right of coining money. Cowell. Hence, anciently, a tribute payable to a lord who had the prerogative of coining money, by his tenants, in consideration of his refraining from changing the coinage. Monetandi jus comprehend!tur in re- galibus quae nunqnam a re^io sceptro abdicantur. The right of coining money is comprehended among those royal prerogatives which are never relinquished by the royal scepter. Dav. Ir. IC. B. 18.

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