Jul 4, 2020 · In terms of finance, MM typically stands for Millions. $100 MM mean $ 100 Million. Here is an interesting fact. Lowercase "mm" does mean ...
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What does MM mean in money?
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).
How much is $1 MM?
So a million dollars is written as $1MM. 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.
What does MM stand for in revenue?
Without much explanation, we can say that when used in accounting records, MM means millions. You can see this abbreviation, for example, on a Balance sheet, Income statement, or any other financial record of a business.
What does $25 MM mean in money?
It can, depending on the conventions of the user. Some people use $25m to denote $25 thousand, and $25mm to denote $25 million.
Jun 2, 2017
Oct 22, 2023 · Both MM and M are used for million. The MM is used widely in the oil and gas business; it stands for "a thousand thousands". The original symbol ...
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 ...
Sep 11, 2015 · The MM is used widely in the oil and gas business; it stands for "a thousand thousands". The original symbol for thousand was M, based on the ...
Dec 5, 2020 · The MM is used widely in the oil and gas business; it stands for "a thousand thousands". The original symbol for thousand was M, based on the ...
Nov 20, 2016 · M could mean $1 million. MM could be multi-million or money market account, etc.
Mar 14, 2015 · It's because M is used for thousands (as in the roman numeral M or the french word mille for thousand). Million can't be the same thing so ...
Jun 2, 2017 · Some people use $25m to denote $25 thousand, and $25mm to denote $25 million. Context matters.
May 19, 2018 · Think of MM as meaning (thousand * thousand), and a thousand thousands is one million. This comes from Roman numerals, as M = 1,000. Alas, MM in ...
Dec 21, 2015 · Business and accounting people write it that way. It comes from the Latin "mille" meaning 1000, and so here MM means one thousand thousands.