MM Means Other Things. Like most simple abbreviations, MM stands for a number of things in the business world other than millions: Materials management ...
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What does 000 mean in accounts?
This indicates that all the numbers on the page are rounded down and should be multiplied by 1,000 to get the full estimate of information. For example, if the assets are reported as $201,200 on the financial statement, the company has approximately $201,200,000 in actual assets.
What does $100 m mean?
MM is Mille Mille. So technically MM would be "thousand thousands" or "a million" . I have seen $100M also which used to mean 100-million-dollars but in that example one uses a currency symbol AND an uppercase M. (This is common in financial uses.)
What does in millions mean in accounting?
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. 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).
What does m stand for in money?
Number | North America | Rarer Forms |
thousand | K | thsnd(.), M |
million | M | mil(.), mill(.), mln(.), MM |
billion | B | bil(.), bill(.), bln(.) |
trillion | T | tril(.), trill(.), trn(.), tln(.) |