See Also: Bank Discount(money)
Bank discount basis(finance)
Bank discount basis(money)
Israel Discount Bank(finance)
Israel Discount Bank of New York(finance)
bullion(dictionary)
Bullion(money)
bullion(2)(dictionary)
bullion(dictionary)
BULLION(law)

Bank discount basis (finance) and BULLION (law)


Bank discount basis (finance)


A convention used for quoting bids and offers for Treasury bills in terms of annualized yield, based on a 360-day year.





BULLION (law)


BULLION. In its usual acceptation, is uncoined gold or silver, in bars, plates, or Other masses. 1 East, P. C. 188. plates, or Other masses. 1 East, P. C. 188. 2. In the acts of Congress, the term is also applied to copper properly 2. In the acts of Congress, the term is also applied to copper properly manufactured for the purpose of being coined into money. For the acts of manufactured for the purpose of being coined into money. For the acts of Congress, authorizing the coinage of bullion for private individuals, see Congress, authorizing the coinage of bullion for private individuals, see Act of April 2, 1792, s. 14, 1 Story, 230; Act of May 19, 1828, 4 Sharsw. Act of April 2, 1792, s. 14, 1 Story, 230; Act of May 19, 1828, 4 Sharsw. cont. of Story' s Laws U. S. 2120; Act of June 28, 1834, Id. 2376; Act of cont. of Story' s Laws U. S. 2120; Act of June 28, 1834, Id. 2376; Act of January 18, 1837, Id. 2522 to 2529. See, for the English law on the subject January 18, 1837, Id. 2522 to 2529. See, for the English law on the subject of crimes against bullion, 1 Hawk. P. C. 32 to 41. of crimes against bullion, 1 Hawk. P. C. 32 to 41.