So a response to the original question has to take into account, not unnaturally, the context. Several earlier posts have made this point (#6, 8, 17). Back to the SI, there are strict guidelines regarding acceptable format. They DO NOT use “abbreviations”; they use “symbols”—and are very clear on this.
In 1202, he wrote a book called “The Book of Calculation,” in which he advocated for conducting mathematical equations with the Hindu-Arabic numeral system as opposed to the Roman numeral system. Before the 13th century, Europeans used Roman numerals for all mathematical equations.
How was the mm abbreviation created?
Honestly I think global unity is very unlikely. We can’t even agree on what a billion is numerically let alone abbreviated. (see attached regarding the long system vs the short system.) And before everyone gets upset just remember these numbers existed well before the war of independence.
How wide is 1m?
A meter is a standard metric unit equal to about 3 feet 3 inches. This means that a meter is part of the metric system of measurement. Guitars, baseball bats, and yard sticks are examples of objects that are about one meter long. Meters are also used to measure distances in races, such as running and swimming.
I prefer $1m (1k x $1k) but my last boss was an engineer turned CFO who preferred $1MM, so I got used to that. In tables I’ve often seen 1.00 where there’s a note someplace that figures are in millions .
Posts by Topic
So if we stay consistent with the Greek abbreviations, then billion would be shown as a letter G . Think of your computer expressing bytes of memory as kilobyte, megabyte or gigabyte. However, when it comes to billion, we don’t really see G or MMM as the abbreviation for billion. We are more likely to see a headline that reads the government spent $60B on a new project.
- The Notation MM for representing Millions is becoming less common as it creates confusion between the representation of M and MM, whereas the M denotes the Thousand.
- In 1202, he wrote a book called “The Book of Calculation,” in which he advocated for conducting mathematical equations with the Hindu-Arabic numeral system as opposed to the Roman numeral system.
- I’m not sure why people keep drawing comparisons to the SI system because it has absolutely nothing to do with this thread.
- Million is a decentralized digital currency with a fixed supply of 1,000,000 tokens.
In summary, abbreviations, as with all written symbols and spoken words, should vary based upon your audience. 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. It’s then up to the reader to note the context, with https://www.bookstime.com/ the document stating the place value once at the beginning and not again. Regardless of why you are trying to abbreviate the word “million” you have come to the right place. In this article, we will teach you how to abbreviate the word and how to use the abbreviation for “million.” Let’s first understand what million means.
Definition of MM
Other than this thread, I can’t say that I’ve ever seen ‘MM’ used for ‘million’. Symbols are used in mathematics and we therefore apply the universal rules of mathematics when using them.
What is M in money?
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.
As a young banker in the mid-80s, I learned what had been taught for many decades before, that we abbreviate thousands in our analysis with the letter M. If we wanted to denote millions, we would show that as MM. 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 what does mm mean shown as $1MMM or one-thousand million. This calculation shows how much cryptocurrency can cost if we assume that their capitalization will behave like the capitalization of some Internet companies or technological niches. If you extrapolate the data, you can get a potential picture of the future price for 2022, 2023, 2024, 2025, 2026, and 2027.
Definition in English: Million
Taking the metric/SI tack also handily avoids the whole, “Multiple definitions of ‘billion’,” issue, though I’d be the first to admit that talking about gigabucks does sound odd. I’m not sure why people keep drawing comparisons to the SI system because it has absolutely nothing to do with this thread. If you know you are writing for a context in which MM or mm represents million, then by all means do so. A symbol is never physically altered to indicate that it is plural. Its Plurality is logically represented by the preceding numeric value.
- In general use, one M will be more readily understood.
- Of course there is a very specific question at the start of the thread.
- Traditionally, M is used as the symbol for thousands and MM for millions in the business world, particularly in accounting.
- The example below shows how figures can be portrayed in millions.
- You’ll find that a lot of UK native speakers won’t even know what “mm” stands for (outside of the “millimeter” measurement that is abbreviated to “mm”).
Browse other questions tagged abbreviations symbols or ask your own question. Regardless, you make a valid point regarding usage and understanding.
A Mexican who doesn’t speak English wouldn’t know what “30 sec” means, he would write “30 seg”. The “s” is the universal symbol and was likely chosen for its semblance to the letter s found at the beginning of the actual word in most of the Latin-based languages.