Trillion: Difference between revisions
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imported>Doug Williamson (Align with ACT Glossary.) |
imported>Doug Williamson (Limit practice comment to financial context.) |
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#One thousand billion (1,000,000,000,000 or 10<sup>12</sup>), for example EUR 123 trillion = EUR 123,000,000,000,000. | #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 | #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 defunct for practical finance purposes. | ||
==See also== | ==See also== | ||
* [[Billion]] | * [[Billion]] | ||
Revision as of 22:48, 17 December 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 defunct for practical finance purposes.
