The abbreviation "pico" represents the decimal power of 10 to the power of -12, or 10^-12. This means that one picometer (pm) is equal to 10^-12 meters. The prefix "pico" is derived from the Spanish word "pico," which means small or peak, indicating a very small value in the metric system.
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Pico means 10-12 = 0.000000000001
Yes, a pico second is a thousandth of a nano second.
1 pico second = 1 trillionth of a second (ten to the -12)
1/1,000,000,000,000 of a second = 1 pico-second however 1/1,000,000,000,000,000,000,000,000 of a second = 1 yacto-second
nano = 10-9 pico = 10-12 nano / pico = 10-9 / 10-12 = 103 or 1000. The prefixes mean the same thing (the same numerical multiplier), whether they are used with seconds, meters, Farad, or whatever.