What Does a Billion Dollars Abbreviation Mean?

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$1B is a common abbreviation for one billion dollars. When expressed in extended form, one billion dollars is $1,000,000,000, or 1,000 million dollars.

A billion is defined as “a cardinal number expressed by 1 followed by 9 zeros in the United States and 1 followed by 12 zeros in the United Kingdom.” Because a billion symbolises a different quantity in the United States and the United Kingdom, the $1B shorthand is more commonly used in the United States than in the United Kingdom.

$1BN and $1bill are other acronyms for the value of one billion dollars. “One bill. dollars” or “one bn. dollars” are also acceptable alternatives.

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