Definition, Meaning & Synonyms
bullion
Noun
/ˈbʊljən/
Definition
Bullion refers to gold or silver in bulk form, typically measured in weight. It is usually a physical commodity that is traded in large quantities.
Examples
- The investors decided to purchase bullion as a hedge against inflation.
- Many central banks hold bullion to support their national currency.
- He loves to collect bullion coins from different countries.
Meaning
Bullion is primarily used for the purposes of trade and investment, representing a reliable store of value.
Synonyms
- Precious metal
- Gold
- Silver
- Ingots
