If we wanted to denote millions, we would show that as MM. For this, we should credit the Romans. 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-thousand million.
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May 18, 2022 · Corporate finance in Canada we always use “MM” for million and “M” for thousand. Roman numeral M is 1,000 so makes sense that MM is 1,000,000.
Jul 26, 2023 · An abbreviation for million is most often seen in financial documents and paperwork. Swap the word “million” for “mil” or “mm” to avoid ...
May 5, 2011 · MM means a thousand thousand. Like in Italian how M still means Mile, or 1000. Millione is 1,000,000.
What should be the abbreviation for million, M or MM? - Quora
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Mar 14, 2015 · 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 ...
In finance and accounting, MM (or lowercase “mm”) commonly denotes that the units of figures presented are in millions. The Roman numeral M denotes thousands.
Rather than use the barred M, however, accounting went with MM as an abbreviation for a million. For example, 1MM equals 1 million, $34MM equals $34 million and ...
Technically speaking, the roman numeral "M" stands for one thousand. So "MM" = "thousand thousand," or million. These days it's a matter of preference as to ...
Jan 3, 2024 · MM is the symbol used for representing the numbers in millions, whereas the symbol m is used as thousand in roman numbers and so mm is ...
In Roman numerals, M with a dash above it is equal to a million, not MM . A billion would have two dashes above it.