A million is 106, or 1,000,000. A billion is one thousand million, or 1,000,000,000 (109). This is the common usage in English-speaking countries and is called the short scale. Countries in continental Europe and Latin America use the long scale where a billion is a million millions (1012).
The word billion originated from French word bi- (“two”) + -illion; i.e. a million million. It was first coined by Jehan Adam in 1475 as by-million and then rendered as byllion by Nicolas Chuquet in 1484.
Million originated from the Italian milione, from the Latin mille + the augmentative suffix -one.
|Power of 10||10 to the 9th power (10^9)||10 to the 6th power (10^6)|
edit Magnitude of the difference
The magnitude of difference between billion and million can be illustrated with this example of the time scale:
- A million seconds is 12 days.
- A billion seconds is 31 years.
- A trillion seconds is 31,688 years.
edit Other large numbers
- CENTILLION=1 followed by 303 zeros
"Billion vs Million." Diffen.com. Diffen LLC, n.d. Web. 23 Sep 2014. < http://www.diffen.com/difference/Billion_vs_Million >