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 ?
The package grants 30,000 tonnes of blue whiting to Spain even though Spanish fishermen have caught no more than 700 tonnes of the stock annually over the past five years.
Back in 1998, during the height of the Asian economic crisis, the Asia/Pacific region consumed just under 10 million tonnes of polyethylene compared to over 14 million tonnes for North America.
3 million tonnes, or 52 percent of the regional total.
A Feasibility Study completed on the Estrades Mine Project in November 1989 by Wright Engineers of Toronto, Ontario, Canada states that the Estrades Mining Project (using a Canadian currency $80 cut-off grade) hosts approximately 941,400 recoverable tonnes of ore in the proven and probable categories, with another 50,900 tonnes in the possible classification, with grading of 10.