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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.
Trillion may mean: 1  Trillion (short scale) (1,000,000,000,000; one million million; 10 12; SI prefix: tera-), the current meaning in both American and British English.rillion may mean: 1  Trillion (short scale) (1,000,000,000,000; one million million; 10 12; SI prefix: tera-), the current meaning in both American and British English.