Bullion is gold or silver in bars rather than coin. Gold bullion, a bullion vault, buy bullion.
It is valued by weight and purity alone, which is what separates it from a coin worth more than its metal. The standard bar weighs about four hundred troy ounces and is deliberately too heavy to run with. Central banks hold most of it.
1nounbullionGold or silver in bars rather than coin.
“The bank's vault holds gold bullion worth billions.”
bullion is precious metal.
Anglo-Norman bullion is of obscure origin, perhaps connected with a word for melting or boiling.
Anglo-Norman
bullion
Middle English
bulloin
English, today
bullion
From Middle English bulloin, bullioun, from Anglo-Norman bullion, of obscure origin, perhaps from French bouillon, extending the sense to that of ‘melting’. Middle Dutch boelioen (“base metal”) seems to have come from the unrelated billon.
Etymology from Wiktionary, CC BY-SA