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The original meaning of billion, established in the 15th century, was a million of a million (1,000,000 to the power of 2, hence the name billion), or 10 to the power of 12 = 1 000 000 000 000.
one million million - the number that is represented as a one followed by 12 zeros; in the United Kingdom the usage followed in the United States is frequently seen. billion, 1000000000000.