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platinum Definition

plati·num (plat′'n əm)

noun

a silver-colored, malleable, ductile, metallic chemical element that is highly resistant to corrosion and tarnish, used as a chemical catalyst, for acid-proof containers, ignition fuses, jewelry, dental alloys, etc.: symbol, Pt; at. no., 78

Etymology: ModL < Sp platina, dim. of plata, silver < Prov, metal plate, silver bar, silver < VL *plattus, flat: see plate

adjective

☆ designating a record, tape, disc, video, etc. which has registered sales of a specified number, as two million, or value, as $1,000,000: platinum reflects a greater number or value than gold

Etymology: by assoc. with the platinum-plated copy awarded to the performer(s)

platinum Finance Definition

A metal that has a variety of uses in jewelry and industrial applications. Just over half of its demand comes from jewelry production, while automotive catalyst uses take up about one-third and chemical and petroleum refining takes up about 13 percent. The remainder of its demand comes from the computer industry and high-technology applications. Platinum is one of the world’s scarcest materials. Eighty percent of platinum supply comes from South Africa, about 10 percent from Russia, and the rest from North America. Futures and options contracts for platinum trade on the New York Mercantile Exchange, as well as other exchanges around the world. Platinum is the principal member of a six-metal group called platinum group metals (PGM). The other members of the group are palladium, rhodium, ruthenium, osmium, and iridium. All have chemical and physical qualities that make them vital industrial materials.

platinum Usage Examples

Possessives

rank: Calypso Gun in Multiplayer Beat the Fire And Water level with a ' Platinum ' rank and all 007 icons.

Converse of object

  • certify: The album was certified triple platinum in September 2004.
  • go: Ten albums followed, Fool For The City going platinum in 1975.
  • price: All these applications purchased separately will cost more than this reasonably priced Platinum Pack.
  • base: There are awards which range from Bronze to Platinum based around how many control you visit.
  • buy: Making easy to buy gold, buy silver or buy platinum in our order online service.
  • get: Gym Shorts Platform: Playstation 2 Get 16 Platinum Records.

Adjective modifier

  • triple: The album was certified triple platinum in September 2004.
  • certified: Eagles - The Very Best Of is released in October 2003 and is certified double- Platinum by December 2003.
  • double: It went double platinum within three weeks; the 80s had been the group's decade.
  • pure: This fine hand made wedding ring is crafted using 95 % pure platinum with a band of 75 % pure gold.
  • essential: Next up was Essential Platinum 's DJ Dougal alongside MC Smiley, Dougal played plenty of vocally tracks from Essential Platinum.

Modifies a noun

  • cardholder: Maximum initial credit limit of £ 5,000 for Classic cardholders; £ 10,000 for Gold cardholders & £ 15,000 for Platinum cardholders.
  • thermometer: For extreme precision, the resistance element is made of platinum and the RTD known as a platinum resistance thermometer ( PRT ).
  • bullion: We provide gold, silver and platinum bullion products and services to all class of investor, companies and institutions internationally.
  • tourer: The Platinum Tourer is offered on the 13, 20, 27 June & 4 July 2006.
  • electrode: Placed into this is a platinum electrode surrounded by a gas tube submerged in the solution, with hydrogen at 1 atm inside.
  • selling: The album went on to become the band's 2nd platinum selling album.

Noun used with modifier

  • XT: ATI has wrestled the graphics performance crown away from Nvidia with its new Radeon X800 XT Platinum Edition.
  • %: It is set in best quality 95 % platinum tiffany setting.