(bÄt) n. 1. An agreement usually between two parties that the one who has made an incorrect prediction about an uncertain outcome will forfeit something stipulated to the other; a wager: made a bet that it would stop raining before 2:00. 2. An amount or object risked in a wager; a stake: a bet of $50.
1 billion seconds is a significant birthday or anniversary, being about 4 months shy of 32 years. 1 billion seconds is 31 years, 251 days, 13 hours, 34 minutes, 54.7843 seconds. But note that these are 365-day years, so you have to adjust for leap years. Remember, a leap year adds 1 day at the end of February on years that are divisible by 4, unless they're also divisble by 100, except when it's also divisible by 400.
Part of the Nanotechnology glossary: (This definition follows U.S. usage in which a billion is a thousand million and a trillion is a 1 followed by 12 zeros.). A nanosecond (ns or nsec) is one billionth (10 -9) of a second and is a common measurement of read or write access time to random access memory (RAM).