Meaning of “ingot” in the English Dictionary

business-english dictionary

"ingot" in British English

See all translations

ingotnoun [ C ]

uk /ˈɪŋ.ɡət/ us /ˈɪŋ.ɡət/

a piece of metal, usually in the shape of a narrow brick:

a gold/silver ingot

(Definition of “ingot” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"ingot" in Business English

See all translations

ingotnoun [ C ]

uk /ˈɪŋɡət/ us

a solid block of metal, especially one of gold or silver:

If you buy ingots, storage and insurance costs mean you effectively have a negative yield because gold produces no income.
a gold/silver/aluminium ingot

(Definition of “ingot” from the Cambridge Business English Dictionary © Cambridge University Press)