I've seen the letter g being used in discussions about money, and I'm not sure what it means. Is it a unit of measurement or a specific term related to finance? I'd like to know the exact definition and how it's commonly used.
6 answers
CryptoPioneer
Sun Oct 27 2024
The preference for using B over G in certain contexts is rooted in clarity and understanding.
Rosalia
Sun Oct 27 2024
Conversely, G is often slang for “grand,” which refers to a thousand dollars.
MountFujiMystic
Sun Oct 27 2024
This slang usage of G might render it unsuitable as an abbreviation for billions in formal or financial settings.
Rosalia
Sun Oct 27 2024
When B is employed as a substitute for G, the rationale behind this choice becomes apparent.
DigitalDynasty
Sun Oct 27 2024
Many individuals, even without specific knowledge, can intuit that B stands for “billion.”