Gross Ton

Gross Ton (GT)
A Gross Ton (GT) is a unit of weight commonly used in the United Kingdom and United States for measuring heavy masses, equivalent to 2,240 pounds in the Avoirdupois system, traditionally employed in shipping and heavy industries.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.