shorthand for million

Shorthand for million

Million is commonly abbreviated in financial documents or letters. In these documents, million is generally abbreviated as:. As stated above, MM is generally used shorthand for million business to represent millions since the letter M by itself has historically meant 1,

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.

Shorthand for million

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M shorthand for million the Roman numeral for thousand and MM is meant to convey one thousand-thousand — or million. As we mix our traditions, it sometimes becomes difficult to know what someone intends to convey expressing thousands or millions in an abbreviation.

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.

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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These differences carry themselves into many parts of our culture, including financial analysis. Some abbreviations for million options may surprise you, as is also true for some of the other large number abbreviations. Apteris Ars Tribunus Angusticlavius. Should you spell out numbers in a resume, or use figures instead? MM means a thousand thousand. Happysin Ars Legatus Legionis. I've already had way more callbacks since I used it. For example, 1,, I'm much more confident in my resume now. Lost your password?

Josh has extensive experience private equity, business development, and investment banking. Josh started his career working as an investment banking analyst for Barclays before transitioning to a private equity role Neuberger Berman. Currently, Josh is an Associate in the Strategic Finance Group of Accordion Partners, a management consulting firm which advises on, executes, and implements value creation initiatives and day plans for Private Equity-backed companies and their financial sponsors.

Log in. Paul M Ars Legatus Legionis. Click to expand Get that one wrong in the bond market and you have major problems. RojBlake Ars Legatus Legionis. Small m is for milli, and big K for thousand. My company mailed out 8 thsnd. In these documents, million is generally abbreviated as:. It was confusing at first, but LO! To add to the potential for misunderstanding, MM is not the Roman numeral for million. WDReinhart":omxiousk said:. Like in Italian how M still means Mile, or You are using an out of date browser. Search Everywhere Threads This forum This thread.

2 thoughts on “Shorthand for million

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