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Recruiter's Glossary
Industry
Examples:
Futures Contract
•
Unallocated Storage
•
Certificate of Authenticity
Precious Metal Trading Terms
Understanding these terms will help you better evaluate candidates and communicate with hiring managers
Option Contract
Settlement Date
Liquidity
Segregated Storage
Fine Gold
XRF Testing
Forward Contract
Counterparty Risk
Sterling Silver
Allocated Storage
Bid-Ask Spread
Certificate of Authenticity
Premium
Fix Price
Troy Ounce
Melt Value
Good Delivery
Fire Assay
Proof Coins
Bullion
Market Maker
Uncirculated
Physical Delivery
Karat
Base Metals
Unallocated Storage
Rehypothecation
Purity Testing
Futures Contract
Numismatic Value
Backwardation
Fineness
Specific Gravity
Weight Tolerance
Custodian
Benchmark Price
Sovereign Mint
Serial Number
Hallmark
Chain of Custody
Contango
COMEX
LBMA
Spot Price
Hedging
Private Mint
Debasement
Delivery Bar
ETF
Assay
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