What is MM? 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).
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For example, 1MM equals 1 million, $34MM equals $34 million and so on. Using M or MM is pretty simple. If the company sells 26,000 units, the accountant can ...
The Roman numerals MM are used to indicate one million. Example of MM ... Hence, you might see $1,400,000 expressed as $1.4 million or $1.4MM or $1.4mn or $1.4m.
May 18, 2022 · Corporate finance in Canada we always use “MM” for million and “M” for thousand. Roman numeral M is 1,000 so makes sense that MM is 1,000,000.
Jul 26, 2023 · 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 ...
If we wanted to denote millions, we would show that as MM. For this, we should credit the Romans. M is the Roman numeral for thousand and MM is meant to convey ...
Jan 3, 2024 · MM is the symbol used for representing the numbers in millions, whereas the symbol m is used as thousand in roman numbers and so mm is ...
Jul 4, 2023 · MM (Million) is an expression for the numerical equivalent of 1000000. It is common and widespread in the business, and science field.
May 5, 2011 · 'Million' corresponds nicely to the existing ... million'. ... I always used 'k' for any request/trade under 1mm and mm for 1mm and up and never had ...
What should be the abbreviation for million, M or MM? - Quora
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Mar 14, 2015 · In terms of finance, MM typically stands for Millions. $100 MM mean $ 100 Million. Here is an interesting fact. Lowercase "mm" does mean ...