However, I typically use K=1,000s, M=Millions, B=Billions and T=Trillions, as … However there are issues with this as it could easily lead to confusion. Rather than writing $1,000,000, one can simply write $1M for one million dollars. I have seen and used M for million but that can represent thousands to some and mm is actually million.. What is the correct abbreviation for thousands, millions, billions and trillions in a financial context? From what I have read online "In metric, you'd use M (mega) for million, G (giga) for billion and T (tera) for trillion." There does not appear to be a universally accepted abbreviation for a million. Use K or M to abbreviate one thousand, M or MM to abbreviate Post by Archived Reply » Thu Jul 15, 2004 1:56 pm Well, then it sounds natural that you should use MM for Million, as this is the only way MM could be read. This kind of abbreviation is particularly useful for more complicated numbers that contain decimals. Usage: The abbreviation for $100,000 is $1M. 2 ways to abbreviate Millions Of Dollars. There are different options on how to abbreviate million, such as $200m, $200M, or $200MM. Abbreviation for Million. However, I would not bet that that is a standard abbreviation. This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: Million United States Dollars. For example, abbreviations may be used when taking notes, documenting numerical entries in accounting documents, or communication with others in a work environment such as an email or memo conveying important numbers. Get the most popular abbreviation for Millions Of Dollars updated in 2021 Some may use "m" or "M" and others "mm" or "MM" (seems to be a financial based usage), whilst it is possible that mil. I have seen million, billion, and trillion abbreviated as M, B, and T respectively. * Both MM and M are used for million (10^6). The confusion comes from a former symbol abbreviation of an 'M' with an overstrike or overbar. In this way, numbers can be quickly abbreviated. My understanding is MM, M is a 1,000 and MM is a 1,000 x 1,000, or 1,000,000. Looking for the shorthand of Million United States Dollars? Filter by: Select category from list... ────────── All Banking (1) … $5,000,000,000, or five billion dollars, is therefore $5B. Different Abbreviations for Million. Mil definition is - thousand. How to abbreviate Millions Of Dollars? In metric, you'd use M (Mega) for Million (10^6), G (Giga) for Billion and T (Tera) for Trillion. Finally, $10,000,000,000, or ten trillion dollars, is $10T. In metric terms, ‘M’ is short for ‘Mega’ which equates to ‘million’. It is far less confusing and more understandable to simply write out the full word. Words such as a million, referring to numbers, are only abbreviated in circumstances where the reader is aware of the full meaning. The 'k' abbreviation should be used with tangible and physical subjects like distance and weight. Again, ideally, you should avoid abbreviating the word million. may also be used. The MM is used widely in the oil and gas business; it stands for "a thousand thousands". If you must abbreviate the word million, there are a plethora of options to choose from. The abbreviation for $1,000,000 is $1MM. $3.1M settlement in Daniel McCormack priest sex abuse case for Chicago Archdiocese Lawyers: $9M settlement for boy's cerebral palsy - Washington Times JPMorgan reaches record $13B settlement with DOJ How to use mil in a sentence.
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