What should be the Abbreviation for Million M or MM?

In this article, we will teach you how to abbreviate the word and how to use the abbreviation for “million.” Let’s first understand what million means. You can download the image below to print or share it with your friends through Twitter, Facebook, Google or Pinterest. If you are a webmaster or blogger, feel free to post the image on your website.

Please scroll down to see its definitions in English, and other five meanings in your language. The Million price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies.

When to Use the Abbreviation

In finance and accounting, MM (or lowercase “mm”) denotes that the units of figures presented are in millions. Thus, MM is the same as writing “M multiplied by M,” which is equal to “1,000 times 1,000”, which equals 1,000,000 .

• Million is down 1.97% in the last 24 hours.
• MM is a pretty standard abbreviation for Million.
• It helps in secure transfer of the ownership of units of value by leveraging proof of work consensus and public-key encryption methods.
• That said, if your organization uses M and it doesn’t cause confusion, you are free to use M to abbreviate one million.
• The word “million” can be paired with the suffix “-aire” to form the word millionaire which indicates an individual with a million or more dollars.

When I learned a company was committing $100M to some work we were doing I almost fell over. I mean $100,000 was great, but $100,000,000??? Sad to learn it was standard in that industry that M was a thousand. ‘Million’ corresponds nicely to the existing metric/SI ‘mega’, which is abbreviated ‘M’ (‘m’ being ‘milli’, of course). MM is immensely used in the oil and gas business as it stands for ‘a thousands.’ M is derived from the word ‘mille,’ which is often used in lower cases and is the original symbol for thousand. I’ve worked in banking, PE and now for a large pharma. CIMs, presentations, we ALWAYS abbreviate million and billion.

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To take it further; one billion would be shown as $1MMM or one thousand million. However, truth be known, if there were an ancient Roman here and we asked him to interpret our use of roman numerals, we would find that technically MM means two … The capital letter K is sometimes used informally to represent one thousand , especially in newspaper headlines. There is no space between the numeral and the letter K , as in 75 K . The letter K should not be used as an abbreviation for one thousand in formal writing. You might not put a lot of thought into your abbreviations, and that’s okay. However, there are official abbreviations out there that you might come across, and it would help to know about them.

• In summary, an abbreviation is the shortening of a word by omitting letters.
• Apr 23, 2022In finance and accounting, MM (or lowercase “mm”) denotes that the units of figures presented are in millions.
• If we wanted to denote millions, we would show that as MM.
• FYI for anyone interested – in advertising, CPM means Cost Per Thousand, and MM is considered to be a million, just as in the financial industry.
• Using m’s and M’s, US or UK billions and whatever else is quite dangerous unless one knows which formal or informal standards are being used/applied.
• $MM simply because I am used to it now in my current company.

The most interesting aspect is that TechLead claims to have backed up the supply of Million with his own $1 million initially. He also promises to maintain the peg of Million with his own money, so it can never fall below 1 USDC.

How Do You Abbreviate Million Dollars?

Beyond that, if you have a young HR professional doing the first review of your resume, they might not understand it all. However, someone in a different country (I’m in the US) or a particular industry might interpret it differently. In the UK some people use MM to mean billion so it’s good to avoid the double M. Donna Svei, an executive resume writer and former C-level executive, retained search consultant, and CPA, authors all of AvidCareerist’s posts. Read on to the comments below for more information and global insights on how to abbreviate thousand, million, and billion. Let’s say you’re talking about sales growth of $1 million.

Unfortunately, there isn’t a consistent approach to labeling units. The least ambiguous approach is to simply write them out in words, such as “$ thousands.” This is CFI’s recommended method, to avoid any potential confusion. One thing to consider is that when writing about large amounts of money, the words “million” or “billion” are often left out altogether, as are superfluous zeroes. It’s then up to the reader to note the context, with the document stating the place value once at the beginning and not again. Abbreviating one million dollars is done using the above abbreviations. Generally, the abbreviation with two M’s is preferred in finance.

Alternative Notations for MM (Million)

The statements I’ve posted are irrefutably true and are supported by facts . Using m’s and M’s, US or UK billions what does mm mean and whatever else is quite dangerous unless one knows which formal or informal standards are being used/applied.

Several earlier posts have made this point (#6, 8, 17). Nonetheless, Jstanek’s and Pac74’s posts remain the best simple answers to the original question–that’s just https://www.bookstime.com/ my opinion, of course. A symbol is never physically altered to indicate that it is plural. Its Plurality is logically represented by the preceding numeric value.