No. 842 in Icelandic
milljörðum
"Milljörðum" means "billions" (dative plural) in English.
In a sentence
Hann gaf tvo milljarða til góðgerðamála.
He donated two billion to charity.
The word "milljörðum" is related to "milljarða" used here in the dative plural form as it indicates an action directed at "billion" entities in Icelandic.
Þeir töluðu um fjármagn sem nam milljörðum króna.
They talked about funds amounting to billions of krona.
"Milljörðum" is used in this sentence in dative plural form to describe the quantity 'in billions'.
Með samningnum gátu þau sparað sér milljörðum á ári.
With the agreement, they could save themselves billions per year.
Here, "milljörðum" is again in the dative plural and functions to specify the scope of savings as 'billions'.
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