Bullion definition

Bullion means gold, silver, or platinum in a bulk state, where its value depends on its content rather than its form, with a purity of not less than 900 parts per 1,000.
Bullion means the Precious Metal standing to your credit in your Unallocated Account.
Bullion means Silver, Gold, Platinum and/or Palladium as appropriate.

Examples of Bullion in a sentence

  • Prices shall be: • calculated based on agreed amounts of: o zinc contained in the Product at the Special High Grade Settlement Price for zinc as quoted on the London Metal Exchange; and o silver contained in the Product at London Bullion Market Association Silver Price spot quotation, each averaged over the agreed quotational period; • less an agreed treatment charge which is consistent with treatment charges prevailing for comparable sales of zinc concentrate at the time of this Agreement.


More Definitions of Bullion

Bullion has the meaning set forth in the 2005 ISDA Commodity Definitions.
Bullion means gold in the form of uniquely identifiable bars or ingots of minimum fineness of 99.5% gold from an approved refiner on the LBMA Good Delivery List of Acceptable Refiners: Gold.
Bullion means any Silver held by us or any Sub-Custodian in the Allocated Account from time to time.
Bullion means platinum in physical form complying with the Rules of the Relevant Association held by the Custodian or any Sub-Custodian under this Agreement and/or any credit balance in the Unallocated Account as the context requires;
Bullion means gold in physical form complying with the Rules of the Relevant Association held by the Custodian or any Sub-Custodian under this Agreement and/or any credit balance in the Unallocated Account as the context requires;
Bullion means gold, silver, platinum, palladium, and any other metal in a Prescribed Form as may be agreed between the Parties from time to time;
Bullion means any gold, platinum, silver, nickel, gold alloys, platinum alloys, silver alloys, nickel alloys or bronze or other minting alloys in the form of ingots, bars, strips, sheets, scissel, cuttings, granules, rejected coins, blanks, filings, sweepings, dross, scrap or wire; and