Ton

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Ton

$100 million in bond trader's terms.

TON

1. GOST 7.67 Latin three-letter geocode for Tonga. The code is used for transactions to and from Tongan bank accounts and for international shipping to Tonga. As with all GOST 7.67 codes, it is used primarily in Cyrillic alphabets.

2. Informal; in bond trading, $100 million.
References in periodicals archive ?
Factors 1,2 and 3 fluctuate from week to week, depending on the net tons of good castings produced and maintenance hours worked (including overtime).
Current production is approximately 27 million net tons per year.
US imports of steel mill products totaled 8,699,000 net tons in the first half of this year, compared with 11,027,000 tons in the same 1988 period, according to the AISI's compilation of Commerce Department figures.
Net tons shipped in the quarter-to-quarter comparison were particularly strong in this unit's engineered products and envelope & converting markets, which generated volume growth of approximately 21% and 7%, respectively.
It will be able to produce up to 300,000 net tons annually in diameters ranging from 24 to 64 inches with grades up to X80.
Foundry coke shipments totaled 1,210,073 net tons compared to 1,574,068 in 1989 and 1,441,455 in 1990.