Definition of bullion
1a : gold or silver considered as so much metal the bullion contained in a silver dollar; specifically : uncoined gold or silver in bars or ingots over a million dollars in gold bullionb : metal in the mass lead bullion
2 clothing : lace, braid, or fringe of gold or silver threads the bullion on his uniform
Recent Examples of bullion from the Web
Looking to sell your collectibles and bullion pieces?
The University of Texas owns roughly $861 million in gold bullions locked in a bank vault in Manhattan.
Even the world’s biggest central banks hoard bullion as a reserve asset.
Bullion pared losses after a report showed U.S. orders for business equipment unexpectedly declined.
The announcement of his appointment marks the first public movement on the project to build a bullion depository where Texans and others will be able to store gold and other precious metals.
Bullion for immediate delivery was at $1,290.17 an ounce at 12:19 p.m. in New York, holding near Tuesday’s intraday peak of $1,296.15, the highest since Nov. 9, according to Bloomberg generic pricing.
Physical gold bullionFor many gold investors, there's no alternative to having actual physical metal in your possession.
The gold was handed over to authorities, and Mead has placed a receipt for the bars of bullion in a safe deposit box.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'bullion'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Origin and Etymology of bullion
Middle English, from Anglo-French billion, bullion melting house, bullion, probably blend of Middle French bille ingot, piece of money (from Old French, log) and Anglo-French *bulliun, buillun cauldron, from Old French boillon froth on boiling liquid, broth — more at billet, bouillon
First Known Use: 14th centurySee Words from the same year
BULLION Defined for English Language Learners
Definition of bullion for English Language Learners
: bars of gold or silver
BULLION Defined for Kids
Definition of bullion for Students
: gold or silver metal in bars or blocks
Seen and Heard
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