assay
Definition 1
Qualitative or quantitative evaluation of a substance. See also bioassay.
Definition 2
Chemical test of a precious metal (such as gold or silver) to verify its purity. A gold bar of 100 troy ounces, for example, must have a fineness of at least 995 (on a scale of 1000) to be traded on a commodities exchange. Assays are carried out usually by government officials. See also assay ton.
assay is in the Commodities & Precious Metals Trading and Material & Occupational Safety subjects.
assay appears in these other term: assay ton
This content can be found on the following page:
http://www.businessdictionary.com/definition/assay.html
email to a friend
print this definition
cite this definition
link to this page
