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Related to bullion: bullion market
Precious metal that may be bought and sold for investment. Most types of bullion are at least 99.9% pure. Bullion is a commodity that investors may use as a hedge against recession and inflation. Thus, while it is volatile like most commodities, it always maintains a relatively high value.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Refined gold or silver in bulk (that is, ingots) rather than in the form of coins.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
bullionprecious metals such as GOLD, silver, platinum, etc., which are traded commercially in the form of bars and coins for investment purposes, and which are used to produce jewellery and as industrial base metals.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
bullionprecious metals, such as GOLD, silver, platinum, etc., that are traded commercially in the form of bars and coins for investment purposes and are used to produce jewellery and as industrial base metals. Some items of bullion, gold in particular, are held by CENTRAL BANKS and are used as INTERNATIONAL RESERVES to finance balance of payments imbalances.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005