With a number, "billion" can be abbreviated as b, bil or bn. In standard form, it is written as 1 × 109. The metric prefix giga indicates 1,000,000,000 times the base unit. Its symbol is G.
The most common abbreviations for billion are, B. bn.
Giga (/ˈɡɪɡə/ or /ˈdʒɪɡə/) is a unit prefix in the metric system denoting a factor of a short-scale billion or long-scale milliard (109 or 1000000000). It has the symbol G.
Similarly, the best way to abbreviate billions on a resume is “B.” You can spell out “billion,” but don't use “BB” — the double letter is only used in millions to avoid confusion.
If you write a 1 followed by nine zeros, you get 1,000,000,000 = one billion!
When writing, the guide advises, to use figures only for anything less than a million, but spell out “million,” “billion,” and 'trillion” for numbers of 1 million or greater, such as 2.4 billion. Furthermore, Associated Press recommends abbreviating millions as “M” and billions as “B” in headlines.
bn. is a written abbreviation for billion.
Rather than use the barred M, however, accounting went with MM as an abbreviation for a million. For example, 1MM equals 1 million, $34MM equals $34 million and so on. Using M or MM is pretty simple. If the company sells 26,000 units, the accountant can record that as 26M units.
A billion – in Australia – is $1,000,000,000.
In slang, a thousand dollars may also be referred to as a "grand" or "G", "K" (as in kilo), or less commonly a "stack", a "bozo", as well as a "band" .
"G" is short for "grand." Fifty Gs, 50 grand, same thing. "Grand" because a thousand is a large amount. Dates from the 1880s, used first by bettors on the ponies.
In Britain, however, under the influence of American usage, the short scale came to be increasingly used. In 1974, Prime Minister Harold Wilson confirmed that the government would use the word billion only in its short scale meaning (one thousand million).
The Oxford English Dictionary explains why UK and US usage differed. billion, purposely formed in 16th c. to denote the second power of a million (by substituting BI- prefix for the initial letters), trillion and quadrillion being similarly formed to denote its 3rd and 4th powers.
noun, plural bil·lions, (as after a numeral) bil·lion. a cardinal number represented in the U.S. by 1 followed by 9 zeros, and in Great Britain by 1 followed by 12 zeros.
1K is referred as 1 thousand, 1M is referred as 1 Million, 1B is referred as 1 Billion. 1K = 1000 or , 1M = 1,000,000 or , 1B = 1,000,000,000 or .
The difference between the words 'million' and 'billion' is only one letter, yet that one letter denotes that the number is a thousand times greater than the other.
In finance and accounting, MM (or lowercase “mm”) denotes that the units of figures presented are in millions. The Latin numeral M denotes thousands. Thus, MM is the same as writing “M multiplied by M,” which is equal to “1,000 times 1,000”, which equals 1,000,000 (one million).
With a number, "billion" can be abbreviated as b, bil or bn. In standard form, it is written as 1 × 109. The metric prefix giga indicates 1,000,000,000 times the base unit. Its symbol is G.
A billion is a thousand million (1,000,000,000), not a million million. Write billions as 6 billion or 6bn, not 6,000,000,000. 12. Use 'per cent' in running text (as opposed to tables etc.), not the % sign.
The abbreviation of millions is now 'mn' instead of 'm'. One of the main reasons is to benefit text-to-speech software, which reads out the 'm' as metres instead of millions, confusing visually impaired readers. It also comes into line with our style for billion (bn) and trillion (tn).
Always spell out e.g. $1 million. In headings, abbreviated forms of large numbers are acceptable, e.g. $1bn or $1m.
If it is in a science or mathematic context, 1m will always be acceptable because it creates less confusion and takes less time. In an english or essay setting, however, assuming you dont write out the entire word, 1 m will probably be more accepted for it counts as two words being seperated by a space.
Generally, the abbreviation with two M's is preferred in finance. So a million dollars is written as $1MM. One thing to consider is that when writing about large amounts of money, the words “million” or “billion” are often left out altogether, as are superfluous zeroes.