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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).
Definition of MM. The Roman numerals MM are used to indicate one million. Example of MM. Sales of $3,000,000 might be written as $3MM. I have seen one million represented by mn and also by m (both lower case). Hence, you might see $1,400,000 expressed as $1.4 million or $1.4MM or $1.4mn or $1.4m.
1 Φεβ 2014 · In metric, you'd use M (mega) for million, G (giga) for billion and T (tera) for trillion. The only financial specific similar abbreviation I can find is MM for million (financial notation, according to wikipedia).
21 Αυγ 2024 · MM is the abbreviation used for presenting in millions. The history is M represents the number one thousand dollars in roman numbers, and M represents thousands, so MM is used to represent millions as MM is 1000*1000, which becomes 1 Million.
“M” and “mm” are both correct abbreviations for “million.” It’s much more common for “M” to be used (with a capital letter) because it literally translates to mean “million.” “MM” actually stands for “thousand thousand,” which allows you to multiply the numbers together.
26 Ιουλ 2023 · How Do You Abbreviate Million Dollars? Abbreviating one million dollars is done using the above abbreviations. Generally, the abbreviation with two M’s is preferred in finance. So a million dollars is written as $1MM.
The use of two "M"s (MM) symbolizes 1,000 multiplied by 1,000, equating to 1,000,000, or one million. MM is often used in financial statements, reports, and discussions where large numbers are involved.
