Bullion meaning

bo͝olyən
A heavy lace trimming made of twisted gold or silver threads.
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Gold and silver regarded as raw material.
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Gold or silver in the form of ingots, bars, or sometimes coins.
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A heavy fringe or lace of twisted gold or silver thread.
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A precious metal such as gold or silver that is in a tradable form, typically a bar or wafer.
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A bulk quantity of precious metal, usually gold or silver, assessed by weight and typically cast as ingots.
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Origin of bullion

  • Middle English ingot of precious metal from Anglo-Norman from Old French billon (from bille stick billon) and from Old French bouillon bubble on the surface of boiling liquid (from boilir to boil boil1)

    From American Heritage Dictionary of the English Language, 5th Edition

  • From Middle English bulloin, bullioun, from Anglo-Norman bullion, of obscure origin, perhaps from French bouillon, extending the sense to that of 'melting'. Middle Dutch boelioen (“base metal”) seems to have come from the unrelated French billon.

    From Wiktionary