Billion: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Administrator
(CSV import)
 
(Add links.)
 
(9 intermediate revisions by 2 users not shown)
Line 1: Line 1:
1.  
1.  
One thousand million (1,000,000,000 or 10<sup>9</sup>).
One thousand million (1,000,000,000 or 10<sup>9</sup>).


For example EUR 100 billion = EUR 100,000,000,000.
For example:
Often abbreviated to 'bn' or 'Bn'.  For example EUR 100bn.
 
EUR 456 billion = EUR 456,000,000,000.
 
Often abbreviated to 'bn' or 'Bn'.  For example EUR 456bn.
 


2.  
2.  
Historically in the UK and some other countries, 'billion' used to refer mathematically to 1,000,000,000,000 (or 10<sup>12</sup>).
 
Historically - in the UK and some other countries - 'billion' used to refer mathematically to 1,000,000,000,000 (or 10<sup>12</sup>).
    
    
This historical usage never became well-established in finance, and is now - for practical purposes - defunct.
This historical usage never became well-established in finance, and is now - for most practical purposes - defunct.
 


== See also ==
== See also ==
* [[Crore]]
* [[Lakh]]
* [[Milliard]]
*[[Quadrillion]]
* [[Trillion]]
* [[Trillion]]


[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 17:55, 14 March 2024

1.

One thousand million (1,000,000,000 or 109).

For example:

EUR 456 billion = EUR 456,000,000,000.

Often abbreviated to 'bn' or 'Bn'. For example EUR 456bn.


2.

Historically - in the UK and some other countries - 'billion' used to refer mathematically to 1,000,000,000,000 (or 1012).

This historical usage never became well-established in finance, and is now - for most practical purposes - defunct.


See also