Definition of Export bar

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TeachMeFinance.com - explain Export bar




historic definition...

Export bar -- A name given to a bar or ingot of fine (pure) gold containing $8,000 worth of the metal. The name is derived from the fact that bars of this size are customarily used in export shipments of gold when the shipments are in bars instead of coin. Also see Jeweler's bar.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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