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Billion is a word for a large number, and it has two distinct definitions: 1,000,000,000 , i.e. one thousand million , or 10 9 (ten to the ninth power ), as defined on the short scale . This is now the most common sense of the word in all varieties of English; it has long been established in American English and has since become common in ...
Thus, a billion is 1000 × 1000 2 = 10 9; a trillion is 1000 × 1000 3 = 10 12; and so forth. Due to its dominance in the financial world (and by the US dollar), this was adopted for official United Nations documents.
This is an accepted version of this page This is the latest accepted revision, reviewed on 20 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 ...
The 22.7 billion-peso figure would amount to just short of $1 billion in dollars if using the government’s exchange rate for state enterprises, currently set at 24 pesos to the dollar.
BOGOTA (Reuters) -Colombia's government proposed on Monday a 523 trillion peso ($130 billion) 2025 budget to lawmakers for their consideration, the finance ministry said in a statement, as ...
For example "billion" may be easier to comprehend for some readers than "1,000,000,000". ... To help viewers of Cosmos distinguish between "millions" and "billions ...
The total investment needed for the recovery plan was estimated at 61.3 billion pesos ($3.4 billion), Finance Minister Rogelio Ramirez de la O told a press conference.
Each of these words translates to the American English or post-1974 British English word billion (10 9 in the short scale). The term billion originally meant 10 12 when introduced. [7] In long scale countries, milliard was defined to its current value of 10 9, leaving billion at its original 10 12 value and so on for the larger numbers. [7]