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Definition of 'A Ton Of Money'
A slang term used to describe a significant amount of money. The amount implied typically depends on the person, company or situation.
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Investopedia explains 'A Ton Of Money'
We may all have a different idea of what constitutes a "ton of money", but according to the Bureau of Engraving and Printing, a ton of $1 bills amounts to $908,000 - nearly $1 million!
If you're talking about a ton of coins, then it's a different story - a ton of quarters is worth $40,000, and one ton of pennies (363,000 pennies to be exact) is worth $3,630.
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It's a part of everyone's life, and we all want it, but do you know how it gains value and how it is created?
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From godfathers to perps, familiarize yourself with the "criminal elements" creeping around Wall Street.
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