bullionize verb3 •To convert or make convertible to bullion, especially gold bullion.Did Congress pass a law directing the bullionizing of all of the gold coins? — 1935 •(figurative, no longer used) To make or become noble or of high quality.All of Newport by the way is not bullionized ; part of it is as squallid as any slum district. — 1910 •(no longer used) To mint into coins. formsbullionized · bullionizing · bullionizes