Could anyone please enlighten me on the meaning of “bullion” and/or
gold “bullion”? And …how is this word pronounced?
Thank you,
Irina
In the UK, it means ‘gold or silver in lump or valued by weight’.
We pronounce it bull(as in the animal)-ee-on
It, or a similar word, is also a synonym for gimp/french wire as
used in beaded jewellery when attaching clasps.
Pat
“Bullion”, pronounced just as it’s spelled (BULL-yun), is gold as
bulk gold, rather than as worked stock. If you buy bar gold, that’s
bullion. If you find a broken 24k chain and buy it for only its
worth as gold, that’s bullion. It’s a commodity term, I guess you’d
call it. Gold by the ounce, bars, etc., is bullion; many gold coins
are actually bought as bullion, though they carry a premuim for the
minting. Who would spend a gold maple leaf or krugerrand for its
face value?
Could anyone please enlighten me on the meaning of "bullion" and/or gold "bullion"? And ..how is this word pronounced?
Irina, nobody does it better than Merriam-Webster (except the OED):
Pronunciation: 'bul-y&n, -"y=E4n
Function: noun
Etymology: Middle English, from Anglo-French, mint
1 a : gold or silver considered as so much metal; specifically :
uncoined gold or silver in bars or ingots b : metal in the mass
2 : lace, braid, or fringe of gold or silver threads
James in SoFl going to make some boullion for soup.