For example, the Roman numeral MM is frequently used to designate that the units used in presenting information (financial and non-financial) in millions. The Roman numeral M is used to indicate units in thousands. For example, an annual salary of $60,000 might appear as $60k instead of $60M.
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.
2023-06-06 11:59:50. The Roman numeral M is often used to indicate one thousand. Example of M An expense of $60,000 could be written as $60M.
APL (talk) 01:45, 10 June 2010 (UTC)[reply] "$5M" is often used to mean "$5,000" (M for Mille, which means thousand), with "$5MM" for "$5,000,000".
Many manufacturers also use "M" in their per unit pricing. M and MM are Roman numerals where M stands for "one thousand" and MM is intended to denote "one thousand thousands"or "one million". A quote for mailing services would commonly show as $ /M.
The market-maker spread is the difference between the price at which a market-maker (MM) is willing to buy a security and the price at which it is willing to sell the security. The market-maker spread is effectively the bid-ask spread that market makers are willing to commit to.
Alternative notations to MM
The use of two m's to denote millions is becoming less common. Frequently, in finance and accounting, an analyst will use k to denote thousands and a capitalized M to denote millions.
Example: If a company reports $100 MM in revenue for the year, it means that it earned $100 million in sales over the year.
The Roman numerals MM are used to indicate one million.
In finance and accounting, MM (or lowercase “mm”) denotes that the units of figures presented are in millions.
MM is the abbreviation used for presenting in millions. The history is M represents the number one thousand dollars in roman numbers, and M represents thousands, so MM is used to represent millions as MM is 1000*1000, which becomes 1 Million.
A millimeter (abbreviated as mm and sometimes spelled as millimetre) is a small unit of displacement (length/distance) in the metric system.
The word million has a few common abbreviations. The most common abbreviations for million are, M. m.
bryanlarsen on April 7, 2016 | parent | context | favorite | on: Losing Money. 'M' is the roman numeral for thousand, so 25m traditionally means 25000.
The letter k is the abbreviation for 1 thousand. The letter m is the abbreviation m is for a thousandth, the fraction. M is mega for million.
It comes from banking. In that context, $6MM stands for the Latin "6 mille mille," or "6 thousand thousands".
The “MM” is just stylistics and is not meant to be “doubled.” Therefore, “10 MM USD” is simply US$10 million, or US$10,000,000.
What exactly does $10MM mean? dollars". If it means "10 million dollars", as I suspect, why not write $10M? is, 10 trillion dollars (10^12).
A unit of abbreviation, the Roman numeral, MM, is frequently used to represent a million. M means a thousand, so MM is the sum if you multiply M by M, or 1,000 multiplied by itself equals 1,000,000.
For example, a thousand is often abbreviated as (M), a million is abbreviated as (MM), and a billion is abbreviated as (BN) or (MMM).
Some examples of objects having about 1 millimeter length areA sharp pencil point and the tip of a sewing needle are approximately 1 mm in length.
How many Inches in 1 Mm? 1 MM = 0.039370101 Inches.