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ton

$100 million in bond trader's terms. Bloomberg Financial Dictionary

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ton ton [tʌn] noun tons _PLURALFORM or ton [countable]

1. a unit for measuring weight, equal to 2,240 pounds or 1,016 kilograms in Britain, and 2,000 pounds or 907.2 kilograms in the US:

• The quarry produces about 6,000 tons per annum.

• a price of $150 a ton
— compare tonne

Aˌmerican ˈton

another name for short ton

ˌlong ˈton also ˌBritish ˈton

a unit for measuring weight, equal to 2,240 pounds or 1,016 kilograms

ˌmetric ˈton

a unit for measuring weight, equal to 1,000 kilograms; = TONNE

ˌnet ˈton

another name for short ton:

• Steel exports in July were 303,000 net tons.

ˌshort ˈton

a unit for measuring weight, equal to 2,000 pounds or 907.2 kilograms; = AMERICAN TON

2. informal used when talking about money to mean a 'hundred', for example £100 or $100 million

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ton UK US /tʌn/ noun [C] MEASURES

► a unit for measuring weight. In the UK a ton is equal to 1,016 kilograms or 2,240 pounds. In the US a ton is equal to 907.18 kilograms or 2,000 pounds. A metric ton is equal to 1000 kilograms or 2,205 pounds: »The factory produced 14,000 tons of soap a week.
»The door weighed 3 tons.
»They had a fleet of ten-ton trucks.

► a unit for measuring the size of ships. A ton is equal to 100 cubic feet: »The river can receive vessels of up to 600 tons.

● tons of — Cf. tons of

→ See also LONG TON(Cf. ↑long ton), METRIC TON(Cf. ↑metric ton), SHORT TON(Cf. ↑short ton)

Financial and business terms. 2012.