The only other option is to write your entire number numerically or even convert it to scientific notation. Regardless of why you are trying to abbreviate the word “million,” you have come to the right place. In this article, we will teach you how to abbreviate the word and how to use the abbreviation for “million.” Let’s first understand what million means. Shorten one billion dollars is done using the above abbreviations. Generally, the abbreviation with two M’s can preferential in finance. As shown above, MM is general used include business to representation millions since the letter M by itself has ever meant 1,000.
- By placing the first occurrence of a given symbol (abbreviation) in each article or presentation within parentheses you remove all doubt about what you mean.
- You can also use the abbreviation “mil” in casual conversation.
- If a financial statement has a lot of large figures, the accountant may simply dispense with abbreviations.
- You’ll find that a lot of UK native speakers won’t even know what “mm” stands for (outside of the “millimeter” measurement that is abbreviated to “mm”).
- It’s then up to the reader to note the context, with the document stating the place value once at the beginning and not again.
“M” is the official abbreviation used whenever a million units of something are requested. However, millions range of 1,000,000 go 999,999,999 so there can be a utmost of eight zeros provided i are referencing a 100 mio (100,000,000). It’s tough to remember these when they’re are all so similar.
M vs. MM – What Is The Correct Abbreviation for “Million”?
You might also want to use abbreviations to indicate physical size. To abbreviate “square foot,” use “ft2” — there’s no need to get fancy with superscript like “ft2”. This question points to the phenomenon of using creative gender assignment on nouns in English. This article will provide an outline of gender in what does mm mean language and the creative use of gender in English. Notice that M appears twice in the table above, to represent both thousand and million. Some (especially older) finance texts use M for thousand and MM for million, which can be a source of confusion as M is now widely used to denote million in North America.
1 million watts abbreviates to 1MW or “megawatt” and in geology, one million years ago is often abbreviated to “1 mya”. Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. https://www.bookstime.com/ Internet advertisers are familiar with CPM which is the cost per thousand impressions. To add to the potential for misunderstanding, MM is not the Roman numeral for million. There are a few different ways to abbreviate billion, most are similar to the million abbreviations.
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