A security is a fungible, negotiable financial instrument that represents some type of financial value. The company or entity that issues the security is known as the issuer.
Troy Ounces to Pounds Conversion-Weight Measurement. Multiplying the conversion factor 0.0685713151907 with the amount of Troy Ounces generates equivalent value in pounds to measure the same quantity of weight and this process is known as t.oz to lbs conversion.
Therefore the troy ounce is 480 grains (31.10 g), compared with the avoirdupois ounce, which is 437.5 grains (28.35 g). So the troy ounce is about 10% heavier (ratio 192/175) than the avoirdupois ounce, which is used for everyday purposes in the United States. Although troy ounces are still used to weigh gold, silver, and gemstones, troy weight is no longer used in most other applications.