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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.
In the United States—as well as around the world in science and finance—a billion is 1,000 million, which is written as a one followed by nine zeros. This is also called the "short scale."
It might depend on whom you ask. Billion was borrowed from French in the late 1600s to indicate the number one million raised to the power of two, or a million million—a number represented by a 1 followed by 12 zeros.
Large numbers are numbers above one million that are usually represented either with the use of an exponent such as 109 or by terms such as billion or thousand millions that frequently differ from system to system.
A billion is a large number equal to 1,000,000,000 (one followed by nine zeros). Learn the definition, place value chart, facts, examples, and more.
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In historical British English, ‘a billion’ was used to denote 1 million million: (1,000,000,000,000). This definition of a billion is now known as the ‘long scale’, where each new term for a number above a million is 1 million times greater than the previous one.
