IIRC historically it was $1MM, but in those days nobody even knew what the word

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Jan 4, 2018
3:02:12pm

Nat Gas Man All-American

billion stood for, so as soon as $1B started to be used, $1M became more commonplace.

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Nat Gas Man

Previous username: TXSmith
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Messages

Author

Time

Without googling it, which is the correct abbreviation for

CrashMcLarson

1/4/18 2:24pm

1mm

Pimpin4Paradise

1/4/18 2:25pm

I believe we use it because the Roman numeral for 1000 is M and M X M would be 1,000,000.

Pimpin4Paradise

1/4/18 2:28pm

after a breif google search thats what i learned as well. weird cause

CrashMcLarson

1/4/18 2:31pm

This is what I've always understood... (1000K = 1mm) and (1000mm = 1b)

ClackamasCoug

1/4/18 2:43pm

It feels like this should be 1/1000 of a dollar.

svenot

1/4/18 2:34pm

yeah i think he meant MM

CrashMcLarson

1/4/18 2:37pm

$1M it looks right

TunaNoCrust

1/4/18 2:26pm

I'd use MM

ballen

1/4/18 2:26pm

either one works. two Ms are used in the financial world. i think

smokymountainrain

1/4/18 2:27pm

$1MM

TheLoneCougar

1/4/18 2:28pm

I see financial reports all day long and I've seen M, MM, and mm

BlackBart

1/4/18 2:30pm

hopefully

CrashMcLarson

1/4/18 2:33pm

A lot reports will also note that the numbers quoted are in the millions.

ClackamasCoug

1/4/18 2:44pm

RE: Without googling it, which is the correct abbreviation for

Sea Chicken

1/4/18 2:31pm

I've seen both. I think $1MM is less confusing though.

JuicyJam

1/4/18 2:44pm

IIRC historically it was $1MM, but in those days nobody even knew what the word

Nat Gas Man

1/4/18 3:02pm

M means a thousand in Roman numerals. So it's confusing.

Y'zFan

1/4/18 3:12pm

yeah but when would someone put a roman numeral after a number?

CrashMcLarson

1/4/18 3:17pm

Coach 80k wants to know.

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