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A terabyte is a unit of measurement in computers. Because of irregularities in definition and usage of the kilobyte, the exact number of bytes in a terabyte in common practice could be either of the following values:
The symbol for terabyte is TB.
A typical video store contains about 8 terabytes of video. The books in the largest library in the world, the U.S. Library of Congress, contain about 20 terabytes of text.
Personal computers containing a terabyte or more of storage space have recently become possible using combinations of high-capacity consumer hard drives. As drives now (2004) exceed 300 gigabytes in size, storage capacity totalling a terabyte or more can be reached using as few as 3 or 4 hard disks, at a street cost of as little as 500 $USD, down from over 1000$ in 2003. ( source: www.pricewatch.com)
A petabyte is either 1000 terabytes or 1024 terabytes, depending on the usage.
To clarify the distinction between decimal and binary prefixes, the International Electrotechnical Commission (IEC), a standards body, in 1998 defined new prefixes by combining the International System of Units SI prefix with the word "binary" (see Binary prefix). Thus meaning (2) is called by the IEC a tebibyte (TiB), and meaning (1) is called by the IEC a terabyte. This naming convention has not, as of 2004, been widely adopted.
The prefix "tera" properly comes from the Greek "teras" meaning monster, because a trillion is a "monster" number. However, because it happens to be tetra- with one letter out, this model was used for subsequent SI prefixes "peta" and "exa".