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

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.

billion

[′bil·yən]
(mathematics)
The number 109.
In British usage, the number 1012.

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.
References in periodicals archive ?
6 billion in 1989) and to transfer to the Resolution Funding Corporation (REFCO) any net proceeds it receives from sales of assets acquired from the RTC upon termination of the RTC (on or before December 31, 1996).
FICO's own capital came from the Federal Home Loan banks in an amount capped at $3 billion.
By spending some $20 billion now, the report concluded, the government could save $2 billion.
Merrill Lynch says that the tax's side effects would include "a $25 billion reduction in the Gross National Product" and "a 250,000 person increase in unemployment.
As things stand, next year's contribution to that debt, the 1991 budget deficit, will be about $170 billion.
ahead, although the amount of these outlays has dropped gradually over the years from $105 billion in 1992 to $99 billion last year.
34 billion ($324 million) of internal sales to distribution in offshore utilities
5 billion from financial institutions, which represents one of the largest refinancing transactions in Latin American.
07 billion ($1,01 billion), up 11,3% from the first half of 1998.
61 billion ($140 million), include capital gains of Pta.