Dictionary of English - billion

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In British English billion has traditionally meant a million million. The American meaning of billion (a thousand million) has become standard in technical and financial use, and it is now better to use it in all circumstances.

Red and white are the colours of Bohemia, dating back to the 13th century. Blue represents Moravia. Unlike that of the Slovak Republic, the Czech flag is not based on the pan-Slav colours. Effective date: 1 January 1993. >>