ingot

noun
in·got | \ˈiŋ-gət \

Definition of ingot 

1 : a mold in which metal is cast

2 : a mass of metal cast into a convenient shape for storage or transportation to be later processed

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Did You Know?

An ingot is a mass of metal that has been cast into a size and shape (such as a bar, plate, or sheet) that is convenient to store, transport, and work into a semi-finished or finished product. The term also refers to a mold in which metal is so cast. Steel ingots range in size from small rectangular blocks weighing a few pounds (or kilograms) to huge, tapered, octagonal masses weighing more than 500 tons (450 metric tons).

Examples of ingot in a Sentence

Recent Examples on the Web

When the crucibles cooled, ingots of pure steel lay inside. Jonathan Schifman, Popular Mechanics, "The Entire History of Steel," 9 July 2018 The ingots that emerged from the smelter were more uniform, stronger, and less brittle–the best steel that Europe, and perhaps the world, had ever seen. Jonathan Schifman, Popular Mechanics, "The Entire History of Steel," 9 July 2018 Chilean seabass proved that point, a glazed ingot of pearled fish with overtones of pineapple and citrus resting on fried rice with lump crab. Mike Sutter, San Antonio Express-News, "Review: McAdoo’s Seafood rides a strong wave in New Braunfels," 10 May 2018 Bound aluminum ingots at a foundry in Krasnoyarsk, Russia, operated by United Co. Rusal. Bob Tita, WSJ, "Metal Buyers Race to Secure Supplies Ahead of Tariff Decision," 28 Apr. 2018 Before creation itself, there were six singularities, then the universe exploded into existence and the remnants of this system were forged into ingots. Gary Thompson, Philly.com, "What are the infinity stones that drive the plot of 'Avengers: Infinity War'?," 25 Apr. 2018 The Aviator concept’s grille is spectacular, made up of little chrome ingots jutting out from the now familiar Lincoln nose. Car and Driver, "Lincoln Aviator Concept," 29 Mar. 2018 For now, the company churns out only a few ingots per day, far from the 50,000 metric tons it's vowed to produce by 2022 - about 4.5 percent of global primary production in 2017. Sandrine Rastello And Natalie Obiko Pearson, chicagotribune.com, "Town built on asbestos may find new life in by-product of deadly mineral," 20 Mar. 2018 Preliminary reports suggest that more than 172 ingots weighing 3 tons, more than 6,000 pounds, showered the ground below. Author: Christopher Brennan, Anchorage Daily News, "A plane’s door flew open during takeoff, raining gold and silver over 16 miles of Siberia," 16 Mar. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'ingot.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of ingot

14th century, in the meaning defined at sense 1

History and Etymology for ingot

Middle English, perhaps modification of Middle French lingot ingot of metal, incorrectly divided as l'ingot, as if from le the

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Statistics for ingot

Last Updated

24 Aug 2018

Look-up Popularity

Time Traveler for ingot

The first known use of ingot was in the 14th century

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More Definitions for ingot

ingot

noun

Financial Definition of ingot

What It Is

An ingot is a material -- usually metal -- that has been formed into a shape that eases its transportation.

How It Works

Gold nuggets are hard to count, inconvenient to weigh and difficult to transport. Melting the gold and forming it into bars makes things much more convenient. Below is an image of gold ingots from the Federal Reserve.

Note that ingots don't always have to be bars; the idea simply is to condense and organize the material, as many cultures have done for thousands of years.

Why It Matters

The Federal Reserve Bank of New York provides, among other things, gold storage for foreign governments and central banks. This gold is in the form of bars, which allows the bank to weigh it, stack it, and move it easily. In the United States, the Federal Reserve creates gold bars in three locations: Denver, San Francisco and New York. As of 2012, the Federal Reserve Bank of New York housed approximately 530,000 gold bars weighing a total of 6,700 tons. The gold is stored in a series of metal cages, each one dedicated to a separate account holder.

Source: Investing Answers

ingot

noun

English Language Learners Definition of ingot

: a solid piece of metal that has been formed into a particular shape (such as a brick) so that it is easy to handle or store

ingot

noun
in·got | \ˈiŋ-gət \

Kids Definition of ingot

: a mass of metal cast into a shape that is easy to handle or store

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More from Merriam-Webster on ingot

Spanish Central: Translation of ingot

Nglish: Translation of ingot for Spanish Speakers

Britannica.com: Encyclopedia article about ingot

Comments on ingot

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