Evan,
It has long been my understanding that a BILLION in the UK was one million million, not one thousand millions as it is in Canada and US.
But I'm sure one of the Brits here will tell us for sure, anytime now.
Cheers,
Jim N
>>>The North Amercian definition of a billion is one thousand million.
>>>
>>>1,000,000 <--- million
>>>1,000,000,000 <---- billion
>>>1,000,000,000,000 <---- trillion
>>>
>>>Wait... maybe it was "trillion" that was mentioned. Either way, could appreciate any comments on this, especially from the UK.
>>>
>
>>Might this have been based on the difference between dollars and pounds? For example 1 pound is equal to (at this point in time) $2.20 canadian. If you had 1,000,000 canadian dollars you would be a millionare. A person in the U.K. however would have 454,546 pounds.
>>
>>Not sure if this was the basis but theres economics 101 :-)
>
>Nope. I know the exchange rate. :-) But, the impression I got was that either billion or trillion was defined differently in the UK.
>
>IE. A trillion in the UK was.. 3 billion or something like that, or that "trillion" is not even a term in UK english.
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