The use of two m's to denote millions is becoming less common. Frequently, in finance and accounting settings now, an analyst will use k to denote thousands and a capitalized M to denote millions.
People also ask
Should m in million be capitalized?
Prefixes: Symbols of SI prefixes that mean a million or more are capitalized and those less than a million are lower case (M for mega (millions), m for milli (thousandths)).
Is it OK to use M for million?
When writing, the guide advises, to use figures only for anything less than a million, but spell out “million,” “billion,” and 'trillion” for numbers of 1 million or greater, such as 2.4 billion. Furthermore, the Associated Press recommends abbreviating millions as “M” and billions as “B” in headlines.
Is it 1m or 1mm?
Using the MM Abbreviation
For example, 1MM equals 1 million, $34MM equals $34 million and so on. Using M or MM is pretty simple. If the company sells 26,000 units, the accountant can record that as 26M units. If net income runs to $6,500,000, it goes on the books as $6.5MM.
How do you write $1 million?
The correct abbreviation to use while writing million is mil. To write 1 million is an abbreviated form; we write as 1 mil.
Apr 14, 2011 · The standard for million, is a capital 'M', unlike one thousand which is a small 'k'. 'm' in science and engineering stands for one-thousandth.
May 4, 2018 · These abbreviations are derived from the metric system: kilo- is abbreviated as k (lower case), meaning one thousand; mega- is abbreviated M ( ...
Jul 26, 2023 · As stated above, MM is generally used in business to represent millions since the letter M by itself has historically meant 1,000. That said, if ...
Well, M for mega is capitalized since m is already used by milli. And all of the SI prefixes larger than mega are also capital, I guess to denote that they're ...
Dec 28, 2021 · Both MM and M are used for million. The MM is used widely in the oil and gas business; it stands for "a thousand thousands". The original symbol ...
May 5, 2011 · MM means a thousand thousand. Like in Italian how M still means Mile, or 1000. Millione is 1,000,000. ••• ...
M is the Roman numeral for thousand and MM is meant to convey one thousand-thousand — or million. To take it further; one billion would be shown as $1MMM or one ...
May 12, 2016 · Million is generally abbreviated with a capital M as in Megabyte or just “mn”.
Apr 8, 2021 · You would write "1 million" or "1M". When abbreviated, capitalization is necessary, but by itself, "million" is lowercase.