ingot

(noun)

A block of steel, gold, or other metal oblong in shape and used for currency.

Related Terms

  • Department of Monetary Affairs

Examples of ingot in the following topics:

  • Administrative Reform in the Mongol Empire

  • Trade and Currency Under the Yuan

    • His authority established united measure based on sukhe or silver ingot, however, the Mongols allowed their foreign subjects to mint coins in the denominations and use weight they traditionally used.
  • The Economy Under the Ming Dynasty

    • Minor coins were minted in base metals, but trade mostly occurred using silver ingots.
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