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Snippet Name: Format money as millions, billions, etc

Description: This function formats a money amount into an abbreviated form. It takes a number like "1,246,743" and formats it as "1.25 million", (or billion, trillion, etc.)

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Language: PHP
Highlight Mode: PHP
Last Modified: June 27th, 2010

FUNCTION format_cash($cash) {
    // strip any commas 
    $cash = (0 + STR_REPLACE(',', '', $cash));
    // make sure it's a number...
    // filter and format it 
		RETURN ROUND(($cash/1000000000000),2).' trillion';
		RETURN ROUND(($cash/1000000000),2).' billion';
		RETURN ROUND(($cash/1000000),2).' million';
		RETURN ROUND(($cash/1000),2).' thousand';

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