What is $29 mm?

What is $29 mm?

In accounting speak, a written “MM” means a million, whether the accountant is referring to units, dollars, euros or shares. Rather than writing $400,000,000 or $400 million, the accountant can use the MM abbreviation and write $400MM instead.

What does MM symbol mean?

The millimetre (international spelling; SI unit symbol mm) or millimeter (American spelling) is a unit of length in the metric system, equal to one thousandth of a metre, which is the SI base unit of length. Therefore, there are one thousand millimetres in a metre.

What is $1.4 mm?

Sales of $3,000,000 might be written as $3MM. I have seen one million represented by mn and also by m (both lower case). Hence, you might see $1,400,000 expressed as $1.4 million or $1.4MM or $1.4mn or $1.4m.

How many dollars is 1MM?

1 million
Using the MM Abbreviation For example, 1MM equals 1 million, $34MM equals $34 million and so on. Using M or MM is pretty simple. If the company sells 26,000 units, the accountant can record that as 26M units.

What is $1.5 MM?

In finance and accounting, MM (or lowercase “mm”) denotes that the units of figures presented are in millions.

Why is mm used to denote million?

In finance and accounting, MM (or lowercase “mm”) denotes that the units of figures presented are in millions. The Latin numeral M denotes thousands. Thus, MM is the same as writing “M multiplied by M,” which is equal to “1,000 times 1,000”, which equals 1,000,000 (one million).

What does mm stand for in date?

Date/Time Formats

Format	Description
DD/MM/YY	Two-digit day, separator, two-digit month, separator, last two digits of year (example: 05/12/99)
MM/DD/YY	Two-digit month, separator, two-digit day, separator, last two digits of year (example: 12/15/99)

What does 5mm mean in money?

In finance and accounting, MM (or lowercase “mm”) denotes that the units of figures presented are in millions. The Latin numeral M denotes thousands.

What is $2 MM?

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. For example, $100k x 10 = $1M.

Is MM a MM or a million?

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. To take it further; one billion would be shown as $1MMM or one-thousand million.

Should millions be M or M?

The standard for million, is a capital ‘M’, unlike one thousand which is a small ‘k’. ‘m’ in science and engineering stands for one-thousandth.

What does MM mean for month?

MM/DD/YY

Acronym	Definition
MM/DD/YY	Month/Day/Year

What does mm and DD mean?

MM/DD/YY. Month/Day/Year.

Does mm stand for month?

MM/DD/YY stands for Month/Day/Year.

How do you write numbers in MM?

What is MM? In finance and accounting, MM (or lowercase “mm”) denotes that the units of figures presented are in millions. The Latin numeral M denotes thousands. Thus, MM is the same as writing “M multiplied by M,” which is equal to “1,000 times 1,000”, which equals 1,000,000 (one million).

What does MM mean in date?

Does MM stand for millions?

What does MM mean in sales?

one million
In finance and accounting, MM (or lowercase “mm”) denotes that the units of figures presented are in millions. The Latin numeral M denotes thousands. Thus, MM is the same as writing “M multiplied by M,” which is equal to “1,000 times 1,000”, which equals 1,000,000 (one million).

Why is MM used to denote million?