(n.) Showy metallic ornament, as of gold, silver, or copper, on bridles, saddles, etc.
(n.) Heavy twisted fringe, made of fine gold or silver wire and used for epaulets; also, any heavy twisted fringe whose cords are prominent.
Example Sentences:
(1) If you hold more than a few thousand pounds [at home] you are likely to invalidate your household insurance, or will have to pay an extra premium and install security measures.” Bullion Vault’s 60,000 customers own the gold they buy, but it is held in vaults in London, Zürich, New York, Toronto or Singapore.
(2) China is poised to overtake India to become the world's biggest market for gold this year thanks to soaring investment purchases of bullion and steadily rising jewellery sales, according to the World Gold Council's annual report.
(3) Demand for gold bullion has surged as people have snapped up coins and bars while the EU referendum result is too close to call, according to the Royal Mint.
(4) On the night of 26 January 1985, Reader was present at the Kent home of Kenneth Noye , who, like Reader, was suspected by the police of receiving the stolen bullion from the 1983 £26m Brink’s-Mat robbery at Heathrow airport .
(5) They aren’t just blocks of bullion in the sky.” In the latest sign that London homebuyers are being squeezed out by wealthy international investors, foreign purchasers have bought 80% of the properties in a series of big Thameside housing developments.
(6) AngloGold Ashanti, South Africa's biggest bullion producer, has lost nearly all local production due to 24,000 workers being on strike, while rival Harmony Gold has also taken a hit.
(7) Chris Howard, the Royal Mint’s director of bullion, said the Mint’s 1,000-year history means that it is recognised around the world as a reliable authority on precious metals.
(8) Cascades of golden light overpower the sun, rising from a jumble of massive titanium forms piled on top of each other, part train crash and part explosion in a bullion vault.
(9) The Bilbao Guggenheim is a treaty port negotiated with the burghers of this rather down-at-heel city, part bullion vault and part glimmering mirage to cow and dazzle the natives.
(10) Gold The price of gold usually rises in times of economic crisis because bullion is seen as a safe-haven asset.
(11) Much of this was due to physical buying of bullion: purchases of gold bars rose by more than a third to almost 1,200 metric tonnes, particularly in China, Germany, Switzerland and Austria.
(12) Sterling-priced bullion hit a high of £783.33 an ounce and gold also set records in euros and Swiss francs.
(13) It is stored in a safe location and you pay a small administration fee every year, typically around 1% of the average value of the bullion, plus VAT.” Another option is coins, which can be things of great beauty.
(14) Under questioning, Bernanke also said "tradition" dictated that most central banks held large quantities of gold bullion in reserve, rather than another asset such as diamonds.
(15) He rattled through the stories of Turing's peculiarities – burying his silver bullion and then forgetting where; chaining his mug to his radiator; cycling in his gas mask to ward off hay fever.
(16) Sales of Royal Mint gold bullion coins increased after they were awarded VAT-free status.
(17) Even so, the Mint launched Signature Gold on the bullion trading site last month, allowing customers to buy a fractional amount of a 400 oz gold bar.
(18) Signature video Gold Bullion Vault , in which the pair are admitted to the Bank of England's holiest of holies, which gives Poliakoff the excuse to calculate the value of his weight in gold (roughly £2.5m).
(19) Guy Foster, head of research at Brewin Dolphin, says gold is a curious asset: “It is supposed to be a store of value, but by conventional investment metrics it is almost valueless.” You can invest in exchange traded funds such as the SPDR Gold Trust, which tracks the spot price of gold; a gold miner such as Randgold Resources; or buy bullion or coins.
(20) Royal Mint launches online dealing account … in gold Read more The group said its bullion business faced “difficult global market conditions” over the past year.
Demurrage
Definition:
(n.) The detention of a vessel by the freighter beyond the time allowed in her charter party for loading, unloading, or sailing.
(n.) The allowance made to the master or owner of the ship for such delay or detention.
Example Sentences:
(1) The influence of emergency demurrage of reserve beds on occupancy rate is not determined by the absolute number of these beds and their share in the structure of hospital bed fund.
(2) When planning the average number of bed occupancy days per year at a hospital providing emergency hospitalization one should take into account the demurrage of reserve beds which are needed for urgent hospitalization of patients.
(3) Freicoin imposes a "demurrage fee" of 4.9% on money held by users.