Generally, the abbreviation with two M’s is preferred in finance. As stated above, MM is generally used in business to represent millions since the letter M by itself has historically meant 1,000. That said, if your organization uses M and it doesn’t cause confusion, you are free to use M to abbreviate one million. “mm” is often left uncapitalized (though there are no specific rules that state which way it should be written). It is Latin for multiplying one “thousand” by itself to create the “million” number.
Why do professionals abbreviate million as “M”?
- For example, 1MM equals 1 million, $34MM equals $34 million and so on.
- Swap the word “million” for “mil” or “mm” to avoid redundant language but to still be specific in how large numbers you’re working with.
- There are a few different ways to abbreviate billion, most are similar to the million abbreviations.
- We learn the PPM is a very small quantity and it is the part per million.
- We don’t know for sure why the Romans used letters or why they chose the letters they did.
- But due to confusion between M and MM, now the alternative notations are used for representing thousands and millions.
1 million pixels in a photo camera will be referred to as 1 Megapixel. Donna Svei, an executive resume writer and former C-level executive, retained search consultant, and CPA, authors all of AvidCareerist’s posts. Designed strategy for large-scale operational transformation initiative encompassing 1700+ full-time employees (FTEs), resulting in 500 FTE savings. Designed strategy for large-scale operational transformation initiative encompassing 1.7K+ full-time employees (FTEs), resulting in 500 FTE savings. Let’s look at a few examples from real resumes of how to abbreviate million on a resume. Metric prefixes follow a base-10 system, while binary prefixes are used in computing to reflect powers of 2.
Abbreviations for “Million”
One thing to consider is that when writing about large amounts of money, the words “million” or “billion” are often left out altogether, as are superfluous zeroes. K is also used in computing to mean “kilobyte,” but mostly in commercial contexts as a shortening of KB (see CMOS 10.49). To further muddy the waters, K can also mean “kelvin,” which is the base unit of temperature. The term “MM” originates from the Roman numeral M, which stands for one thousand. It is commonly used in financial documents, accounting, and stock market where space is a concern.
Example Sentences With Billion Abbreviations
It is a unit of SI applicable for measuring small distances and small length. The ppm calculation is just too important when we are dealing with the little quantities of the impurities in the given solution. It helps to make the solution pure from impurities or keep the level to our desire. We need an especially designed ppm calculator to find the values in the given volume of the solution. The ppm calculator finds the ppm,ppb,and ppt values of the following table. Notice that M appears twice in the table above, to represent both thousand and million.
Maximizing the impact of your resume is all about using your space wisely. Don’t use two words when one will do unearned revenue — and don’t spell out whole words when common abbreviations are easy to read and save space. In this guide, we’ll cover everything you need to know about how to abbreviate million, billion and thousand on a resume, as well as other common resume abbreviations you should be using.
When plural, as in “millions,” it refers to multiples of 1,000,000. The word “million” is most often used in reference to money, but is also frequently used in exaggeration. The word “million” can be paired with the suffix “-aire” to form the Accounting Security word millionaire which indicates an individual with a million or more dollars.
- The use of two m’s to denote millions is becoming less common.
- The first set of prefixes in 1795 created a standardized way of expressing large and small quantities.
- In the context of international reporting, the use of “MM” to denote millions plays a significant role in ensuring clarity and uniformity across diverse financial landscapes.
- Large numbers can be difficult to comprehend and interpret correctly, thus using MM to represent millions simplifies presentations and discussions, making them more efficient.
- Rather than use the barred M, however, accounting went with MM as an abbreviation for a million.
How do you make 1 million dollars in 1 month?
While it is accepted in English today that one billion equals 109, it is important to be aware, especially when reading older texts, that in the United Kingdom billion hasn’t always meant 109. Until the 1970s, when the United Kingdom officially adopted the American definition of billion, this word represented 1012 in British English. In fact, the largest number with a single-word name in ancient Greek was 10,000. From myrias we get the English word myriad meaning “an is mm million extremely large number or amount”.