Bullion

Part of speech: noun (n.)

1. Uncoined gold or silver in the mass.

2. Base or uncurrent coin. [Obs.] And those which eld's strict doom did disallow, And damm for bullion, go for current now. Sylvester.

3. Showy metallic ornament, as of gold, silver, or copper, on bridles, saddles, etc. [Obs.] The clasps and bullions were worth a thousand pound. Skelton.

4. Heavy twisted fringe, made of fine gold or silver wire and used for epaulets; also, any heavy twisted fringe whose cords are prominent.