Gold bullion in the form of bars and coins.
bullion definition by Webster's New World
- gold and silver regarded as raw material
- gold or silver in the form of ingots, bars, or sometimes coins
Origin: Middle English (? via Dutch bulioen) ; from Old French billon, small coin, alloy of copper with silver ; from bille, a stick, bar: see billet
Origin: influenced, influence by bullion, but probably ; from French bouillon ; from bouille, a seal on silk goods ; from Spanish bolla, duty on silk ; from Classical Latin bulla: see bull
bullion definition by American Heritage Dictionary
- a. Gold or silver considered with respect to quantity rather than value.b. Gold or silver in the form of bars, ingots, or plates.
- A heavy lace trimming made of twisted gold or silver threads.
Origin: Middle English, ingot of precious metal, from Anglo-Norman, from Old French billon (from bille, stick; see billon) and from Old French bouillon, bubble on the surface of boiling liquid (from boilir, to boil; see boil1).
bullion - Business Definition
bullion - Investment & Finance Definition
A precious metal such as gold or silver that is in a tradable form, typically a bar or wafer.