G-5 and Trillion: Difference between pages

Revision as of 11:51, 14 August 2013

1.

One thousand billion (1,000,000,000,000 or 10¹²).

For example EUR 100 trillion = EUR 100,000,000,000,000.

2.

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.

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 .
-Loosely, the G-5 is a group of 5 major industrialised countries comprising France, Germany, Japan, the United Kingdom and the United States.
+One thousand billion (1,000,000,000,000 or 10<sup>12</sup>).
+For example EUR 100 trillion = EUR 100,000,000,000,000.
-.
-More strictly, a meeting of the heads of government or the heads of central banks from those countries.
+.
+Historically in the UK and some other countries, "trillion" used to refer mathematically to 1,000,000,000,000,000,000 (or 1018).
-''Also known as the Group of Five or 'G5'.''
+This historical usage never became established in finance, and is now for practical purposes defunct.
-.
+==See also==
+* [[Billion]]
-The G5 (without a hyphen) is also a group of 5 developing countries comprising Brazil, China, India, Mexico and South Africa.
-== See also ==
-* [[BRICS]]
-* [[Central bank]]
-* [[G7]]
-* [[G20]]
-* [[G77]]
-[[Category:The_business_context]]