TON

Trader Order Number; number attributed by a trader to identify an order. If the trader does not attribute a TON, the SLE will attribute one sequentially from the last attributed number (or starting at one at the beginning of the trade day). The TON is transported throughout the server and the host, and may be viewed by the GCC. Chicago Mercantile Exchange Glossary

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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)