Common abbreviations for Billion: There are not more than three ways to abbreviate the word billion. Those three common abbreviations for billion are B, bn. and bil. Out of these three abbreviations, B is the most commonly known abbreviation for billion.
Now, I will define billion and use this particular word in sentences. After that, I will let you know some suitable areas to use the above abbreviation for billion.
Meaning of Billion with Definition
Billion is used as a number within senetnces. A billion refers to one thousand million. This particular word can be used informal to show something in a very large amount.
For example,
1. This medicine can kill billions of germs.
2. I won $3 billion from a lucky draw.
Suitable Areas to use B, bn. or bil. for Billion
You are not allowed to write these abbreviations in general prose or essays. However, you can use these abbreviations in the writings of mathematics or economics. You might have seen these abbreviated terms in bank documents.
Also, the areas with limited space, like headlines and newspaper headings, need abbreviations to cover up the whole sentence. So, you can use an abbreviation for billion over there. Your notes can also have this abbreviated term for billion.
For example,
• Pentagon hides study that showed $125B in wasteful spending. (New York Daily News)
• Trade deficit falls to $1.1B in October. (Caledon Enterprise)
Conclusion
It is concluded that there are three ways to abbreviate the word ‘billion’. However, B is known to be the most common abbreviation for billion.