Trillion: Difference between revisions
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imported>Brianlenoach@hotmail.co.uk No edit summary |
imported>Doug Williamson (Align with ACT Glossary.) |
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#One thousand billion (1,000,000,000,000 or 10<sup>12</sup>), for example EUR | #One thousand billion (1,000,000,000,000 or 10<sup>12</sup>), for example EUR 123 trillion = EUR 123,000,000,000,000. | ||
#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. | ||
Revision as of 12:09, 16 May 2015
- One thousand billion (1,000,000,000,000 or 1012), for example EUR 123 trillion = EUR 123,000,000,000,000.
- 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.
