Bullion coins

Metal coins consisting of gold, silver, platinum, or palladium that are actively traded. Some examples include the American eagle and the Canadian maple leaf. Their price is directly connected to the underlying price of their metal.

Similar financial terms

Coinsurance effect
Refers to the fact that the merger of two firms decreases the probability of default on either firm's debt.

Coinsurance
An insurance policy under which the policyholder bears a percentage of the loss along with the insurance company.

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Stock split

Occurs when a firm issues new shares of stock but in turn lowers the current market price of its stock to a level that is proportionate to pre-split prices. For example, if Cisco trades at $100 before a 2-for-1 split, after the split it will trade at $50 and holders of the stock will have twice as many shares than they had before the split.


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