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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.
One billion years may be called an eon in astronomy or geology. Previously in British English (but not in American English), the word "billion" referred exclusively to a million millions (1,000,000,000,000). However, this is not common anymore, and the word has been used to mean one thousand million (1,000,000,000) for several decades. [5]
The Oxford English Dictionary comments that googol and googolplex are "not in formal mathematical use". Usage of names of large numbers Some names of large numbers, such as million , billion , and trillion , have real referents in human experience, and are encountered in many contexts, particularly in finance and economics.
For example "billion" may be easier to comprehend for some readers than "1,000,000,000". ... Standard notation is a variation of English's natural language numbering ...
A billion is called arab (ارب), and one hundred billion/arab is called a kharab (کھرب). Lakh has entered the Swahili language as "laki" and is in common use. Formal written publications in English in India tend to use lakh/crore for Indian currency and International numbering for foreign currencies. [7]
What the world needs is more billionaires — said no one ever. And yet, here we are. Oxfam reports that 204 new billionaires emerged in 2024; the combined wealth of billionaires worldwide grew ...
the long scale — designates a system of numeric names formerly used in British English, but now obsolete, in which a billion is used for a million million (and similarly, with trillion, quadrillion etc., the prefix denoting the power of a million); and a thousand million is sometimes called a milliard. This system is still used in several ...
The stakes are high, though, because once Trump does come into office, it’s very unlikely the IRS is going to get its $20 billion back as the agency is already bracing for further cuts expected ...