Shorthand for million
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Shorthand for million
Western civilization has had two powerful influences — the traditions of the Greeks and the Romans, and there is often conflict. The Greeks would refer to the god of the sea as Poseidon, whereas the Romans would call him Neptune. For the Romans, the god of wine would be Bacchus, and for the Greeks, it would be Dionysus. These differences carry themselves into many parts of our culture, including financial analysis. As a young banker in the mids, 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. For this, we should credit the Romans. M is the Roman numeral for thousand and MM is meant to convey one thousand-thousand — or million. However, truth be known, if there were an ancient Roman here and we asked him to interpret our use of Roman numerals, we would find that technically MM means two thousand and MMM means three thousand, so there are flaws in this tradition. Wait a minute, you say. And you would be correct, thanks to the Greeks. K comes from the Greek word kilo which means a thousand.
GByteKnight Ars Praefectus. So much for consistency.
By signing in, you agree to our Terms and Conditions and Privacy Policy. We'll see you in your inbox soon. Whether the topic is significant sums of money or a massive quantity of something, it's common to use abbreviations when writing out large numbers in text. There are a few different ways to abbreviate large numbers. Some abbreviations for million options may surprise you, as is also true for some of the other large number abbreviations.
There are several ways to abbreviate the word and no universally accepted convention for doing so. This article aims to address the issue of how to abbreviate million and provide guidance on how to consistently use the right abbreviation. This is a less common abbreviation but is still used frequently, especially in financial contexts. This abbreviation is more commonly used in European banking contexts than in the United States. While each of these abbreviations has its own merits, there are some factors to consider when choosing an abbreviation for million. They are easy to read and unambiguous when used in the right context. Abbreviation conventions may vary depending on the location or organization. Abbreviation can be a tricky business, so it is essential to recognize that. The challenges can include ambiguity, inconsistency, and misinterpretation.
Shorthand for million
Are you looking for the abbreviation of the word million? Keep reading. Million is a noun and an adjective. Its plural is millions.
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I would never use those terms out of work though. What else you got for me? The MM is what I see on Annual reports and such. Other than this thread, I can't say that I've ever seen 'MM' used for 'million'. Anything else is incorrect. It is acceptable to:. The Over and Under of Contractor Billings. The Greeks would likewise show million as M, short for Mega. I would say 'k' is actually more common than using m for smaller trades. There are even more ways to abbreviate million than there are for thousand. M is the Roman numeral for thousand and MM is meant to convey one thousand-thousand — or million.
Million is commonly abbreviated in financial documents or letters. In these documents, million is generally abbreviated as:.
Forums Ars Lykaion The Lounge. Jump to latest Follow Reply. What's included in this resource. PhreePhly"nrf5r said:. Lost your password? Think of your computer expressing bytes of memory as kilobyte, megabyte, or gigabyte. MM for Million On financial statements that used M to indicate thousand, the common practice was to abbreviate million as MM. Western civilization has had two powerful influences — the traditions of the Greeks and the Romans, and there is often conflict. If you see an abbreviation that is confusing or unclear, please reach out to your local underwriter or branch for clarification, even if you are just asking for a friend. You should upgrade or use an alternative browser. If we wanted to denote millions, we would show that as MM. Transform your career. ScruffyNerf Ars Tribunus Angusticlavius.
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