Ton

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Ton

$100 million in bond trader's terms.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
This facility requires 2,000.34 dry tonnes of biomass per day (730,000 dry tonnes/y), which by the process of gasification is converted into methanol via a syngas route.
Moreover, copper contained in ore produced in the second quarter was 17.2 dry tonnes per day versus 11.7 dry tonnes per day, up 47% year-on-year.
Rambler achieved an ore production rate of 1,157 dry tonnes per day of ore in the three months to March-end, 20% higher than the 965 dry tonnes per day for the same quarter a year ago.
His report identified more than 475,000 bone dry tonnes of available wood that is not harvested every year over the roughly 50,000 square kilometres of the Blue Sky region, plus an additional 250,000 tonnes of harvested residue that's not being used.
Recent results include diamond recoveries totalling 330.54 carats from 2,809.11 dry tonnes of kimberlite processed.
A nominal in-situ bulk density of 2.4 dry tonnes per cubic metre has been applied, based on testwork undertaken by Amalg.
Total kimberlite tonnage processed in Phase 1 has been 24,655.46 dry tonnes, resulting in a revised overall grade estimate of 4.89 carats per hundred tonnes (cpht) for the sample.