London Bullion Market definition

London Bullion Market means the over-the-counter market in gold and silver co-ordinated by the LBMA.
London Bullion Market means the market in London known as the “London Bullion Market” and on which members of the London Bullion Market Association, amongst others, quote prices for the buying and selling of Gold and Silver.
London Bullion Market means the bullion market (being the market for wholesale trading of gold and silver) in London;

Examples of London Bullion Market in a sentence

  • Precious metals Gold and other precious metals are recorded at CBA prices which approximate fair values and are quoted according to London Bullion Market rates.

  • Yorbeau also retains a 2.5% net smelter return royalty when the current gold price as established by the London Bullion Market Association is over US$425 per ounce.

  • At any given time, the amount of gold ounces drawn multiplied by the London Bullion Market Association (“LBMA”) AM gold price in US dollars, plus any accrued interest or unpaid fees, shall constitute the Loan Value.

  • Average for the period as reported by the London Bullion Market Association (US dollar Gold P.M. Fix Rate).

  • The London Bullion Market Association’s (LBMA) AM fixing price per troy ounce is increased with the CIF premium and the LBMA fixing charge.

  • Since theU.S. Government is seen as a risk-free borrower, investors use the 10-year Treasury Note as a benchmark for the long-term bond market.* Gold represents the afternoon gold price as reported by the London Bullion Market Association.

  • Average for the period as reported by the London Bullion Market Association (US dollar Gold P.M. Fix Rate) and London Metal Exchange (LME).

  • The gold held by a gold exchange traded fund scheme shall be valued at the AM fixing price of London Bullion Market Association (LBMA) in US dollars per troy ounce for gold having a fineness of 995.0 parts per thousand, subject to the following: i.

  • The London Bullion Market Association's (LBMA) AM fixing price per troy ounce is increased with the Cost, Insurance, Freight premium and the LBMA fixing charges.

  • The Trust has only purchased and expects only to own “Good Delivery Bars” as defined by the London Bullion Market Association (“LBMA”), with each bar purchased being verified against the LBMA source.


More Definitions of London Bullion Market

London Bullion Market means the over-the-counter market in gold and silver coordinated by the LBMA;
London Bullion Market means the Xxxxxx Xxxxxxx Xxxxxx Xxxxxxxxxxx, Xxxxxx, Xxxxxxx.
London Bullion Market means the over-the-counter market in gold and silver co-ordinatedby the LBMA
London Bullion Market means the world's largest wholesale market trading gold and silver.

Related to London Bullion Market

  • Flea market means a market place, other than a dealer's location licensed under this chapter, where a space or location is provided for a fee or compensation to a seller to exhibit and offer for sale or trade, motor vehicles to the general public.

  • London Business Day means any Business Day on which dealings in deposits in United States Dollars are transacted in the London interbank market.

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • London Stock Exchange means London Stock Exchange plc;

  • JOBURG MARKET means Johannesburg Fresh Produce Market (SOC) Limited (trading as Joburg Market), a corporatized municipal entity incorporated in terms of the laws of the RSA under registration number 2000/023383/07 and with VAT registration number 4840195038, with its domicilium citandi et executandi situated at The Office of the CEO, 3rd Floor, Main Building, Joburg Market, 4 Fortune Road (off Heidelberg Road), City Deep, 2049, Johannesburg.

  • the London Stock Exchange means London Stock Exchange plc;

  • spot market means any commodity market in which commodities are sold for cash and promptly delivered when the transaction is settled, as well as other non financial markets, such as forward markets for commodities.

  • LBMA means The London Bullion Market Association or its successors.

  • Main Market means the Main Market of the London Stock Exchange plc;

  • Relevant Market means the market for overnight cash borrowing collateralised by US Government securities.

  • Spot Market Energy means energy bought or sold by Market Participants through the PJM Interchange Energy Market at System Energy Prices determined as specified in Operating Agreement, Schedule 1, section 2, and the parallel provisions of Tariff, Attachment K-Appendix, section 2.

  • Spot Market Backup means the purchase of energy from, or the delivery of energy to, the PJM Interchange Energy Market in quantities sufficient to complete the delivery or receipt obligations of a bilateral contract that has been curtailed or interrupted for any reason.

  • Open Market Purchase shall have the meaning specified in Section 2(I)

  • Telerate British Bankers Assoc. Interest Settlement Rates Page means the display designated as Page 3750 on the Telerate System Incorporated Service (or such other page as may replace such page on such service for the purpose of displaying the rates at which dollar deposits are offered by leading banks in the London interbank deposit market).

  • BBA LIBOR has the meaning specified in the definition of “Eurocurrency Rate.”

  • London Interbank Offered Rate has the meaning set forth in Section 2.07(b).

  • Real-Time Market has the meaning set forth in the CAISO Tariff.

  • published market means, for a class of securities, a marketplace on which the securities have traded that discloses regularly in a publication of general and regular paid circulation or in a form that is broadly distributed by electronic means the prices at which those securities have traded;

  • Financial Markets means international financial markets in which currency and other financial assets exchange rates are determined in multi-party trade.

  • Quotation Day means, in relation to any period for which an interest rate is to be determined, two (2) Business Days before the first day of that period.

  • Day-Ahead Market has the meaning set forth in the CAISO Tariff.

  • Recognised Market means any stock exchange or market specified in the Prospectus provided that, with the exception of permitted investments in unlisted securities and off- exchange derivative instruments, investment in securities or financial derivative instruments will be made only in securities or financial derivative instruments listed or traded on an exchange or market (including derivative markets) which meets the regulatory criteria (regulated, operating regularly, recognised and open to the public) and which is listed in the Prospectus.

  • Approved Market means the Over-the-Counter Bulletin Board, the Nasdaq Stock Market, the New York Stock Exchange or the American Stock Exchange.

  • Reuters Screen LIBOR01 means the display page currently so designated on the Reuters Screen (or such other page as may replace that page on that service for the purpose of displaying comparable rates or prices).

  • London Inter-Bank Offered Rate means, for any applicable interest period, the rate per annum equal to the British Bankers Association LIBOR Rate (“BBA LIBOR”), as published by Reuters (or other commercially available source providing quotations of BBA LIBOR as selected by the Bank from time to time) at approximately 11:00 a.m. London time two (2) London Banking Days before the commencement of the interest period, for U.S. Dollar deposits (for delivery on the first day of such interest period) with a term equivalent to such interest period. If such rate is not available at such time for any reason, then the rate for that interest period will be determined by such alternate method as reasonably selected by the Bank. A “London Banking Day” is a day on which banks in London are open for business and dealing in offshore dollars.

  • Relevant market area means as follows: