That's called a millenium.
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It COULD be called a Gigayear, but in practice it is simply called "a billion years".
It is a millennium that is equivalent to a thousand years.
A period of 25 years is called a "quarter-century." This term is derived from the fact that a century is made up of 100 years, so a quarter-century represents a quarter of that time span. It is commonly used in various contexts, such as history, planning, and forecasting.
It depends on where you live. In the US there are a thousand millions in a billion. In Great Britain, what Americans call a billion is called a thousand million, and there are ten thousand millions in a British billion, or what Americans call a trillion.
Without careful, precise, lab-grade measurement, anyone who looked at it would call it a "circle".