The Atomic Energy Commission has come up with a new term that’s got everyone in the know talking: ‘mega buck.’ This scientific-sounding word has left some wondering if it’s more than just a fancy way to describe a hefty sum of money.
According to the AEC, the term ‘mega’ means large or very large, and when applied to radio frequencies, a megacycle is one million cycles. So, when the commission says a new laboratory will cost ‘fifteen megabucks,’ we’re talking about a cool 15 million dollars.
The AEC has been tossing around this new word for a while now, and it’s gained traction among those who deal with government budgets on a daily basis. For them, ‘mega buck’ is a convenient way to refer to a large sum of money without having to spell it out.
But what sparked the creation of this new term? A source close to the commission revealed that the AEC wanted a way to describe large sums of money in a more scientific-sounding way. And so, ‘mega buck’ was born.
While some may see ‘mega buck’ as just another example of government jargon, others believe it fills a much-needed gap in the world of finance. Whether you’re an accountant or a scientist, one thing is certain: ‘mega buck’ is here to stay.
The Atomic Energy Commission’s new word has left many wondering what other terms we’ll see emerge in the world of science and finance. Only time will tell, but for now, it’s clear that ‘mega buck’ is here to stay.
Nominal publication, The Nome Nugget, reported on the AEC’s new term in an attempt to shed some light on this scientific-sounding word.
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Key Facts
- State: Alaska
- Category: Public Corruption
- Era: Historical
- Source: Library of Congress — Chronicling America ↗
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