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 for thousand was M, based on the Latin word "mille". Often the lower case is used.
Jul 4, 2020
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What does MM mean with money?
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).
How much is $1 MM?
So a million dollars is written as $1MM. 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.
What does $25 MM mean in money?
It can, depending on the conventions of the user. Some people use $25m to denote $25 thousand, and $25mm to denote $25 million.
Jun 2, 2017
How much is $3 MM?
Example of MM
Sales of $3,000,000 might be written as $3MM.
Oct 22, 2023 · 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 ...
Sep 11, 2015 · The MM is used widely in the oil and gas business; it stands for "a thousand thousands". The original symbol for thousand was M, based on the ...
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 ...
Mar 14, 2015 · It's because M is used for thousands (as in the roman numeral M or the french word mille for thousand). Million can't be the same thing so ...
Dec 5, 2020 · The MM is used widely in the oil and gas business; it stands for "a thousand thousands". The original symbol for thousand was M, based on the ...
May 19, 2018 · Think of MM as meaning (thousand * thousand), and a thousand thousands is one million. This comes from Roman numerals, as M = 1,000. Alas, MM in ...
Jun 2, 2017 · Some people use $25m to denote $25 thousand, and $25mm to denote $25 million. Context matters.
Nov 20, 2016 · M could mean $1 million. MM could be multi-million or money market account, etc.
Sep 22, 2016 · M stands for milli, which is a thousandth of a currency unit. For example, in the United States, $0.001 is one milli and $1,000 is 1,000 mills.