A system of weights used mainly for precious metals and gems, with a pound of 12 ounces or 5,760 grains.as modifier ‘gold closed at $332.5 a troy ounce’Compare with avoirdupois
- ‘pounds troy’
- ‘One troy pound weighs 373.25 g and is subdivided into troy ounces, pennyweight and grains (gr, 24 in a pennyweight).’
- ‘My personal estimate is that this might price monetary-reserve gold at somewhere between US $800 and US $1,000 a troy ounce; I may be underestimating the price, but the estimate illustrates the point.’
- ‘Gold had a glittering year, up nearly 6% to $452.85 a troy ounce at the end of November, as investors frightened by the dollar's slide scrambled to secure this so-called safe haven.’
- ‘They are shares that move in line with the gold price; a share is equivalent to a tenth of a troy ounce of gold.’
- ‘The troy and apothecary systems have pounds that are only 5,250 grains.’
Late Middle English from a weight used at the fair of Troyes (see Troyes).
1(in Homeric legend) the city of King Priam, besieged for ten years by the Greeks during the Trojan War. It was regarded as having been a purely legendary city until Heinrich Schliemann identified the mound of Hissarlik on the northeast Aegean coast of Turkey as the site of Troy. The city was apparently sacked and destroyed by fire in the mid 13th century BC, a period coinciding with the Mycenaean civilization of Greece.
2A residential and commercial city in southeastern Michigan; population 80,264 (est. 2008).
3An industrial city in eastern New York, on the Hudson River, northeast of Albany; population 47,459 (est. 2008).