Wordsmith.org: the magic of words

Wordsmith Talk

About Us | What's New | Search | Site Map | Contact Us  

Previous Thread
Next Thread
Print Thread
Page 1 of 2 1 2
#113841 - 10/18/03 06:11 PM A question of loot  
Joined: Sep 2000
Posts: 2,891
belMarduk Offline
Carpal Tunnel
belMarduk  Offline
Carpal Tunnel

Joined: Sep 2000
Posts: 2,891
I recently read an article in the Journal the Montréal about a Québec/Canadian pharmaceutical chain (Jean Coutu) who was interested in buying a U.S. chain (Eckerds) for an amount written as 5G $.

I had absolutely NO idea what the G meant so I looked it up. I found out something quite interesting thing that I though you guys would be interested in. PLUS, I want to ask something to our overseas friends.

French and English use the same terms to describe several specific money amounts but some identical terms mean different amounts. Here is the list


French………………English……………….amount

Mille………………..thousand………………1,000
Million……………...million…………………1,000,000
Milliard…………….billion………………….1,000,000,000
Billion………………trillion…………………1,000,000,000,000
Trillion……………..quadrillion……………...1,000,000,000,000,000
Quatrillion………..quintillion…………….1,000,000,000,000,000,000

To our overseas friends…what terms do you use?

Oh, and the G, it stands for giga which stands for milliard/billion.

k = mille/thousand
M = million
G = milliard/billion
T = billion/trillion
P = trillion/quadrillion
E = quatrillion/quintillion



#113842 - 10/18/03 11:14 PM Re: A question of loot  
Joined: Sep 2000
Posts: 2,788
Father Steve Offline
Carpal Tunnel
Father Steve  Offline
Carpal Tunnel

Joined: Sep 2000
Posts: 2,788
Seattle, Washington, USA
And here I thought that a "G" referred to a thousand dollars, as in "Give me a couple of G's and I'll plug this guy's yap." That's how they used to talk in the movies.


#113843 - 10/18/03 11:25 PM Re: A question of loot  
Joined: Sep 2000
Posts: 2,891
belMarduk Offline
Carpal Tunnel
belMarduk  Offline
Carpal Tunnel

Joined: Sep 2000
Posts: 2,891
Me too. That's why I knew I had to look it up. 5g (five grand) was definitely not enough for Eckerds.


#113844 - 10/19/03 06:11 AM Re: A question of loot  
Joined: Jun 2001
Posts: 2,636
consuelo Offline
Carpal Tunnel
consuelo  Offline
Carpal Tunnel

Joined: Jun 2001
Posts: 2,636
Caribbean
Was that just the Eckerds in Canada, or the whole shootin' match? Heck, if they wanted to buy Walgreens, I'd sell it to them for 1G. Of course they'd have to find me to get their money back when they found out that SIMC does not stand for "Substitute Investment Management Chairman"


#113845 - 10/19/03 01:24 PM Re: A question of loot  
Joined: Jan 2001
Posts: 13,858
wwh Offline
Carpal Tunnel
wwh  Offline
Carpal Tunnel

Joined: Jan 2001
Posts: 13,858
During the Depression, when Prohibition made gangsters rich, they used slang "grand" for a thousand dollar bill.
So "G" was short for "grand".


#113846 - 10/19/03 01:28 PM Re: A question of loot  
Joined: Sep 2000
Posts: 2,788
Father Steve Offline
Carpal Tunnel
Father Steve  Offline
Carpal Tunnel

Joined: Sep 2000
Posts: 2,788
Seattle, Washington, USA
Exactly. Tough guys like Edward Grand Robinson used it.


#113847 - 10/20/03 12:33 AM Re: A question of loot  
Joined: Sep 2000
Posts: 2,891
belMarduk Offline
Carpal Tunnel
belMarduk  Offline
Carpal Tunnel

Joined: Sep 2000
Posts: 2,891
They're talking about Eckerds in the U.S. We don't have that chain here. Jean Coutu wants to expand their U.S. business after having tremendous success with the Brooks chain.

I don't think they have enough loot to buy up Walgreens - yet.


#113848 - 10/20/03 12:41 AM Re: A question of loot  
Joined: Sep 2000
Posts: 2,891
belMarduk Offline
Carpal Tunnel
belMarduk  Offline
Carpal Tunnel

Joined: Sep 2000
Posts: 2,891
I know what you mean WWH and FS. We're just so used to the G standing for a grand/$1,000. but it is really meant to stand for a billion U.S.

My hubby - a chartered accounted - got me the list of accurate terms.

They are in capital letters. I'll skip the French versions to avoid confusion:

K = kilo = thousand dollars
M = mega = million
G = giga = billion
T = tera = trillion
P = peta = quadrillion
E = exa = quintillion

Even though G was the correct term to use in the article, I can't imagine why they would have used it since I, and everybody I asked, had no idea what they were saying.

Isn't the point of a newspaper to put across information. If they write in language that people don't understand, what is the use?




#113849 - 10/20/03 05:30 AM Re: A question of loot  
Joined: Apr 2000
Posts: 3,065
Bingley Offline
Carpal Tunnel
Bingley  Offline
Carpal Tunnel

Joined: Apr 2000
Posts: 3,065
Jakarta
Bel, until certain people who shall remain nameless, but live to the South of you, got in on the act, English and French agreed.

thousand 10^3
million 10^6
thousand million 10^9
billion 10^12
trillion 10^15 etc.

However, now those-who-shall-not-be-named have confused matters so that nobody knows what billion means anymore.


Bingley


Bingley
#113850 - 10/23/03 01:45 AM Re: A question of loot  
Joined: Sep 2000
Posts: 2,891
belMarduk Offline
Carpal Tunnel
belMarduk  Offline
Carpal Tunnel

Joined: Sep 2000
Posts: 2,891
Aye andt it is very confusing here in Canada since English Canada has adopted the U.S. variation and French Canada stayed with the first.

So here in bilingual Montréal, Québec, we have both variations being bandied about.


Page 1 of 2 1 2

Moderated by  Jackie 

Forum Statistics
Forums16
Topics13,879
Posts224,117
Members9,030
Most Online3,341
Dec 9th, 2011
Newest Members
santo, piostylist, prgill, thefoeller, Ajubdeen
9030 Registered Users
Who's Online Now
0 registered members (), 50 guests, and 3 spiders.
Key: Admin, Global Mod, Mod
Top Posters(30 Days)
Top Posters(All Time)
wwh 13,858
Faldage 13,803
Jackie 11,613
tsuwm 10,538
LukeJavan8 9,037
AnnaStrophic 6,511
Wordwind 6,296
of troy 5,400
Disclaimer: Wordsmith.org is not responsible for views expressed on this site. Use of this forum is at your own risk and liability - you agree to hold Wordsmith.org and its associates harmless as a condition of using it.

Home | Today's Word | Yesterday's Word | Subscribe | FAQ | Archives | Search | Feedback
Wordsmith Talk | Wordsmith Chat

© 1994-2017 Wordsmith

Powered by UBB.threads™ PHP Forum Software 7.6.0
Page Time: 0.016s Queries: 14 (0.004s) Memory: 2.7233 MB (Peak: 2.8566 MB) Zlib disabled. Server Time: 2017-11-19 21:30:53 UTC