If net income runs to $6,500,000, it goes on the books as $6.5MM. The MM abbreviation works whether the entry is in dollars, some other currency or millions of items or customers. A millimeter is a small unit of displacement (length/distance) in the metric system. M and MM are Roman numerals where M stands for “one thousand” and MM is intended to denote “one thousand thousands”or “one million”. A quote for mailing services would commonly show as $ /M. For example, a cost quoted as $25/M would equate to $25 for every thousand pieces.
These differences carry themselves into many parts of our culture, including financial analysis. SD-branch is a single, automated, centrally managed software-centric platform that replaces or supplements an existing branch … A network protocol is a set of established rules that specify how to format, send and receive data so that computer network …
Word Origin for MM
That line may be expressed, for instance, as $5MM single and $15MM aggregate. Frequently, in finance and accounting, an analyst will use k to denote thousands and a capitalized M to denote millions. The slang “MM” is an acronym that can be used to represent many things depending on the situation and the context it is used in.
Romanian abbreviation for word “mortii matii” which is an insult. Usually a test of skill against another person, this forces each player to be more serious about competing against each other once money is on the line. Internet advertisers are familiar with CPM which is the cost per thousand impressions. British English and American English are only different when it comes to slang words. Friday Night Funkin’ players use the acronym MM to refer to antagonist Mommy Mearest. Mommy Mearest first appears in Week 4 of the game.
Other definitions for mm (4 of
We are more likely to see a headline that reads the government spent $60B on a new project. B for billion isn’t Greek or Roman; it is just the first letter of the word billion. While you can make MM stand for millions of anything, it’s important that the reader knows whether you’re talking about dollars, euros, units shipped, etc.
This numerical system has the digits 0, 1, 2, 3, 4, 5, 6, 7, 8, 9. It was first created in India, and from there, it progressively spread to Arabia and China. Before the 13th century, Europeans used Roman numerals for all mathematical equations. For example, M in Roman numerals stands for one thousand, while a bar above the M denotes a million. A first scheme, indicated by him, was immediately drawn out by two French engineers who were in the Egyptian service, MM.
Where does the mm abbreviation come from?
Some people are content with a more modest lifestyle, while others want to continue living the lifestyle they did before they retired. I have seen one million represented by mn and also by m . To summarize, our modern numerical system is the same as the Hindu-Arabic numerical system. However, our abbreviations are a concoction of multiple cultural legacies ranging from Rome, Greece, India, China, and Arabia. The Hindu – Arabic numeral system is what we have used ever since.
- If 1,000 multiplied by 1,000 equals 1,000,000, and 1,000 equals M, then we can use the abbreviations to create calculations.
- Think of your computer expressing bytes of memory as kilobyte, megabyte, or gigabyte.
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- However, when it comes to billion, we don’t really see G or MMM as the abbreviation for billion.
If you’re confused about the letter designations that stand for what is mm and millions, you’re not alone. In fact, it’s one of our most frequently asked questions. Here’s why you’re confused and what to do about it. The least ambiguous approach is to simply write them out in words, such as “$ thousands.” This is Corporate Finance Institute’s recommended method, to avoid any potential confusion. DisclaimerAll content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.