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Traditional British usage assigned new names for each power of one million (the long scale): 1,000,000 = 1 million; 1,000,000 2 = 1 billion; 1,000,000 3 = 1 trillion; and so on. It was adapted from French usage, and is similar to the system that was documented or invented by Chuquet.
For example "billion" may be easier to comprehend for some readers than "1,000,000,000". But, as names, a numeric value can be lengthy. For example, "2,345,789" is "two million, three hundred forty five thousand, seven hundred and eighty nine".
1000 million Mark Notgeld banknote (1923) of Frankfurt am Main. According to the Oxford English Dictionary, the word billion was formed in the 16th century (from million and the prefix bi-, "two"), meaning the second power of a million (1,000,000 2 = 10 12). This long scale definition was similarly applied to trillion, quadrillion and so on ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 7 January 2025. See also: Orders of magnitude (numbers) and Long and short scales Natural number 1000000000 List of numbers Integers ← 10 0 10 1 10 2 10 3 10 4 10 5 10 6 10 7 10 8 10 9 Cardinal One billion (short scale) One thousand million, or one milliard (long scale) Ordinal One billionth (short ...
Genocide: An estimated 12 million persons shipped from Africa to the New World in the Atlantic slave trade. Mathematics: 12,988,816 is the number of domino tilings of an 8×8 checkerboard. Genocide/Famine: 15 million is an estimated lower bound for the death toll of the 1959–1961 Great Chinese Famine, the deadliest known famine in human history.
For a stock to turn a $1,000 investment into $1 million, it would need to rally 99,900%. ... Berkshire now has market cap of $980 billion, making it the world's eighth most valuable public company.
Apple went public in 1980 for $22 per share, meaning a $1,000 investment in the stock back then would be worth more than $1.4 million today. Meanwhile, an investment of $1,000 in Amazon at its IPO ...
The root mil in million does not refer to the numeral, 1. The word, million, derives from the Old French, milion, from the earlier Old Italian, milione, an intensification of the Latin word, mille, a thousand. That is, a million is a big thousand, much as a great gross is a dozen gross or 12 × 144 = 1728. [7]