from The American Heritage® Dictionary of the English Language, 4th Edition
- n. A unit of pressure equal to 1,000 bars.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A unit of pressure equal to 1,000 bars (Symbol: kb)
Sorry, no etymologies found.
These days, the kilobar is the most popular when it comes to trading, collecting, and investing.
Also available from Monex is the 32.15 troy ounce gold "kilobar" ... a one kilogram bar of fine gold bullion of at least .999 purity.
Nigel Moffatt, head of Treasury at Gold Corp., owner of the Perth Mint, has noticed "an influx of strong demand recently from China for gold in kilobar form."