IPA: /ˈbʊljən/
KK: /ˈbʊljən/
Gold or silver that is in the form of bars or ingots, often used for trade or investment.
The investor decided to buy bullion as a safe way to store wealth.
Bullion comes from the Old French word 'bouillon', meaning 'boiling' or 'to boil', which refers to the process of melting metal. The term evolved to denote precious metals in bulk form, particularly gold and silver, that are melted down for trade or use.
Imagine the process of 'boiling' ('bouillon') metal to create valuable forms of gold and silver — that's how bullion refers to these precious metals.