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How much more money is a billion then a million?

Updated: 8/17/2019
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14y ago

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In modern terms a billion is a thousand millions (1 000 000 000). However in more old-fashioned terms it can mean a million millions(1 000 000 000 000). This is referred to as 'long scale' whereas the 'modern' billion is known as 'short scale'. In financial terms, it is most likely that a billion means a thousand millions.

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14y ago
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