Trillion: Difference between revisions
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imported>Charles Cresswell No edit summary |
imported>Doug Williamson (Clarify final sentence.) |
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One thousand billion (1,000,000,000,000 or 10<sup>12</sup>), for example EUR 100 trillion = EUR 100,000,000,000,000. | One thousand billion (1,000,000,000,000 or 10<sup>12</sup>), for example EUR 100 trillion = EUR 100,000,000,000,000. | ||
Historically in the UK and some other countries, "trillion" used to refer mathematically to 1,000,000,000,000,000,000 (or 10<sup>18</sup>). This historical usage never became established in finance, and is now for practical purposes defunct. | Historically in the UK and some other countries, "trillion" used to refer mathematically to 1,000,000,000,000,000,000 (or 10<sup>18</sup>). This historical usage never became established in finance, and is now, for practical purposes, defunct. | ||
==See also== | ==See also== | ||
* [[Billion]] | * [[Billion]] | ||
Revision as of 21:39, 20 February 2015
One thousand billion (1,000,000,000,000 or 1012), for example EUR 100 trillion = EUR 100,000,000,000,000.
Historically in the UK and some other countries, "trillion" used to refer mathematically to 1,000,000,000,000,000,000 (or 1018). This historical usage never became established in finance, and is now, for practical purposes, defunct.
