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    Volcano1985's Avatar
    Volcano1985 is offline Senior Member
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    Default Million vs Billion

    What is the difference between million and billion ?

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    Raymott's Avatar
    Raymott is offline VIP Member
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    Default Re: Million vs Billion

    Quote Originally Posted by Volcano1985 View Post
    What is the difference between million and billion ?
    Today a million is 10^6 (1,000,000) and a billion is 10^9 (1,000 million).
    There used to be a British/American difference so that a British billion was a million million (10^12). That has changed in the last 50 years.
    Today, all English-speaking countries (and probably most others) use this system:
    1 million = 1,000,000
    1 billion = 1,000 million
    1 trillion = 1,000 billion
    1 quadrillion = 1,000 trillion
    1 quintillion = 1,000 quadrillion.
    etc.
    There are also colloquially, squillions and zillions, which are a very large (unquantified) amounts indeed.

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