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bullion

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bullion


  2  definitions  found 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  Bullion  \Bul"lion\  (b[.u]l"y[u^]n),  n.  [Cf.  OE  bullyon  a  hook 
  used  for  fastening  the  dress,  a  button,  stud,  an  embossed 
  ornament  of  various  kinds,  e.  g.,  on  the  cover  of  a  book,  on 
  bridles  or  poitrels,  for  purses,  for  breeches  and  doublets, 
  LL  bullio  the  swelling  of  boiling  water,  a  mass  of  gold  or 
  silver,  fr  L.  bulla  boss,  stud,  bubble  (see  {Bull}  an 
  edict),  or  perh.  corrupted  fr  F.  billon  base  coin,  LL 
  billio  bullion.  Cf  {Billon},  {Billet}  a  stick.] 
  1.  Uncoined  gold  or  silver  in  the  mass. 
 
  Note:  Properly,  the  precious  metals  are  called  bullion,  when 
  smelted  and  not  perfectly  refined,  or  when  refined,  but 
  in  bars,  ingots  or  in  any  form  uncoined,  as  in  plate. 
  The  word  is  often  often  used  to  denote  gold  and  silver, 
  both  coined  and  uncoined,  when  reckoned  by  weight  and 
  in  mass,  including  especially  foreign,  or  uncurrent, 
  coin. 
 
  2.  Base  or  uncurrent  coin.  [Obs.] 
 
  And  those  which  eld's  strict  doom  did  disallow,  And 
  damm  for  bullion,  go  for  current  now  --Sylvester. 
 
  3.  Showy  metallic  ornament,  as  of  gold,  silver,  or  copper,  on 
  bridles,  saddles,  etc  [Obs.] 
 
  The  clasps  and  bullions  were  worth  a  thousand  pound. 
  --Skelton. 
 
  4.  Heavy  twisted  fringe,  made  of  fine  gold  or  silver  wire  and 
  used  for  epaulets;  also  any  heavy  twisted  fringe  whose 
  cords  are  prominent. 
 
  From  WordNet  r  1.6  [wn]: 
 
  bullion 
  n  1:  a  mass  of  precious  metal  (usually  in  the  form  of  bars  or 
  ingots) 
  2:  gold  or  silver  in  bars  or  ingots 




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