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 ?
QM2 will be joined by her fleet mates, the new Queen Elizabeth, 91,000 gross tons, and Queen Victoria.
''We will maintain our position as the world's busiest port in terms of shipping tonnage, ahead of Rotterdam and Hong Kong,'' Yeo said, as he announced that the gross tonnage of ships visiting the city-state so far this year surpassed 1 billion gross tons Tuesday -- a first-ever feat for Singapore as a port.
In Seattle, ferry vessels range in size from approximately 500 to 3,200 gross tons and carry 18 million passengers annually; New York City ferries carry approximately 20 million passengers annually.
Although there was gale warning issued at that time, the cargo vessel was cleared by the Philippine Coast Guard to sail to Tacloban City since it was over 250 gross tons.
In fact, the "Lucy" was only the first of 20 losses for Cunard, an amazing 56% of the company's pre-war tonnage or a total of 220,444 gross tons. Many Cunard crew, men and women, were also killed.
Each ship is 251 metres long, weighs 60,000 gross tons, and carries 2,199 passengers.
The new ship, at 163,000 gross tons and approximately 4,200 passenger berths, will be larger than the company's Breakaway class ships currently under construction at Meyer Werft and incorporate many of those vessels' design elements and innovations.
The 600ft long ferry has just taken the place of one of the world's biggest ferries, Ulysses, 51,000 gross tons, also given her regular annual overhaul at Laird's for Irish Ferries.
The captain of the 4,996 gross tons of cargo ship asked for support, and the Ship Traffic Services sent a tugboat to the area.
A Spanish request to authorise more public aid for building fishing vessels weighing under 400 gross tons was rejected on November 17 by the European Court of Justice in case C-90/03 (Spain vs.
Total shipping tonnage handled by the island state hit a record high of 971 million gross tons last year, topping the previous record of 960 million tons in 2001, the regulatory authority said in a statement.