billion


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billion

1. one thousand million: it is written as 1 000 000 000 or 109
2. (formerly, in Britain) one million million: it is written as 1 000 000 000 000 or 1012
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Billion

 

(in Russian, usually milliard), a thousand millions; a number represented by the figure 1 followed by nine zeros—that is, the number 109 In certain countries (for example, Germany), a billion is a number equal to 1012.

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.

billion

[′bil·yən]
(mathematics)
The number 109.
In British usage, the number 1012.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.

billion

One thousand millions, or 1 followed by nine zeros (10 to the 9th power). In long scale usage, billion refers to a million millions, or 1 followed by 12 zeros (10 to the 12th power). See space/time and long scale.
Copyright © 1981-2019 by The Computer Language Company Inc. All Rights reserved. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction is strictly prohibited without permission from the publisher.
References in periodicals archive ?
A communique issued by the Federation Account Allocation Committee (FAAC) confirmed that from the total revenue of N769.523 billion, the Federal Government received N299.799 billion, the states received N190.381 billion, and the local government councils received N143.569 billion.
The BOC also needed to collect P6.7 billion from the tax expenditures fund (TEF) during the second half.
* American Airlines Group Inc.(NASDAQ: AAL) is expected to report quarterly earnings at $1.79 per share on revenue of $11.96 billion.
Punjab government has also proposed Rs22.4 billion for water supply and sanitation, Rs1 billion for social welfare, Rs800 million for women development as well as Rs6.3 billion for local government and community development.
In income from property and enterprise, the government has projected to receive Rs 1 billion from Pakistan Telecom Authority (surplus), Rs 52.7 billion from PTA (3G licences fee), Rs 24.11 billion from provinces mark-up, Rs 124.5 billion as mark up from public sector entities and Rs 66 billion from the dividends during FY2020.
Federal government expenditure would be Rs.7022 billion, including interest payment Rs.2891 billion, Defence Rs.1153 and running of civil government administration Rs431 billion.
Under annual development agenda, the government also released Rs11.61 billion for National Transmission and Despatch Company and Pakistan Electric Power Company for which an amount of Rs33.365 billion was allocated under PSDP 2018-19.
The spending plan presented in Parliament on Tuesday showed that the Jubilee government will spend S50.9 billion in projects under its Big Four Agenda.
Similarly, in the second quarter, Punjab received Rs1.795 billion, Sindh Rs3.477 billion, KP Rs5.368 billion and Balochistan Rs3.65 billion.
- Rs 6.333 billion for Communication Division (other than NHA) against total allocation of Rs13.977 billion
Kenya Commercial Bank Group KCB), which is the country's top bank with an asset value of Sh713.4 billion invested Sh79.36 billion in government securities in 2018 up from Sh63.51 billion the previous financial year.
Out of these allocations, the government released Rs123.618 billion for National Highway Authority out of total allocation of Rs185.2 billion, whereas Rs 13.613 billion have been released for NTDC and PEPCO for which an amount of Rs33.36 billion was allocated under PSDP 2018-19.