IPA: /ˈbɪljən/
KK: /ˈbɪljən/
A number that is equal to one thousand million (1,000,000,000) or 10 to the power of 9.
The company made a profit of one billion dollars last year.
Billion originates from the French word 'billion', which is derived from 'bi-' (meaning two) and 'illion', a suffix used in large numbers. The term originally referred to a million million (10^12) in the French numbering system, thus indicating a quantity that is two sets of millions.
Think of 'bi-' meaning two, and remember that a billion is like having two million sets, which helps you understand the vastness of a billion.