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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What is MM in business terms?
We often find the abbreviation (mm) on financial statements, which stands for millions.
May 28, 2023
What does MM stand for?
Millimetre (mm) Millimolar (mM), a unit of concentration of a solution. Momme, a unit of textile measurement. One million (MM), used in reference to currency.
What is a business MM?
Business money market accounts are similar to checking and savings accounts but usually offer a higher interest rate. We explain how you can use them to boost your business's growth. Your business likely manages its cash flow with a traditional checking and savings account.
What does MM stand for in professional?
If you're wondering what MM's meaning is, it's an abbreviation that accountants regularly use to describe millions when documenting a business's financial statements.
Sep 29, 2023 · In marketing, MM can mean mass media or mixed media. In a medical connotation, MM may represent multiply myeloma or molecular medicine. On a ...
MM Means Other Things ... Like most simple abbreviations, MM stands for a number of things in the business world other than millions: ... If you think there's any ...
May 28, 2023 · Typically we think of a million being abbreviated as (M). Yet, often in finance and accounting, we find that this abbreviation deviates from ...
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Apr 9, 2021 · Without much explanation, we can say that when used in accounting records, MM means millions. You can see this abbreviation, for example, on a ...
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 ...
Jan 3, 2024 · MM is the abbreviation used to represent the figures in millions. Many financial institutions, banks, and large companies use the abbreviation ...