The Roman numeral M denotes thousands. In this context, MM is the same as writing “M multiplied by M,” which is equal to “1,000 times 1,000,” which equals 1,000,000 (one million).
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For example, 1MM equals 1 million, $34MM equals $34 million and so on. ... The MM abbreviation works whether the entry is in dollars, some other currency or ...
May 18, 2022 · $1MM is 1 million. $1M is 1 thousand.
The Roman numeral M is often used to indicate one thousand. Example of M. An expense of $60,000 could be written as $60M. Internet advertisers are familiar with ...
In the world of accounting and financial analysis, that reads $89 thousand dollars, but we know from context that the headline writer meant $89 million dollars.
Jul 26, 2023 · However, in SI (System Internationale), “M” is mega = million. Therefore, expressing 1 million dollars as “$1M” makes much more sense than “$1MM ...
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What should be the abbreviation for million, M or MM? - Quora
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Mar 14, 2015 · For example, $1M would be read as "one million dollars." In some contexts, "MM" may also be used to represent million, but this abbreviation is ...