What Does “MM” Stand for in Dollars?

These slang terms serve as concise responses to express various forms of acknowledgement or disagreement, just like “mm” is used to indicate agreement or understanding. Here’s a fun example to understand why small units are important. Gulliver, a sea captain and a surgeon, ends up on the island of Lilliput, where people are https://www.bookstime.com/ only about 6 inches in height. Everything in the town is so small, he has to document everything in smaller units like inches and millimeters (mm). Can you imagine measuring tiny things using units like yards or miles? If a financial statement has a lot of large figures, the accountant may simply dispense with abbreviations.

• This phrase originated from Wiccan witches and is often used in online chatrooms or text messages.
• Rather than use the barred M, however, accounting went with MM as an abbreviation for a million.
• Focal length, usually represented in millimeters (mm), is the basic description of a photographic lens.
• The longer the focal length, the narrower the angle of view and the higher the magnification.
• The term mm is a popular slang term frequently used in online chat and text conversations.

The least ambiguous approach is to simply write them out in words, such as “$ thousands.” This is CFI’s recommended method, to avoid any potential confusion. In this example, we intentionally chose a piece of analysis that contained various different units, such as dollars and shares. When an analyst must present various different types of units, it is recommended to add a “units” column so that each item contains a label for easy reference. It’s also common to see K used for 1,000 and B for a billion. To avoid confusion, use any and all abbreviations consistently throughout all your financial records.

Scientific definitions for mm

In finance and accounting, MM (or lowercase “mm”) commonly denotes that the units of figures presented are in millions. In this context, 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). Yup, got it, no way, roger that, and copy that are similar to “mm” because they are all used to indicate agreement, understanding, refusal, or confirmation in their respective contexts.

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. You have what does mm mean to be careful when using it or interpreting it because MM can stand for other things too. Standard lenses are popular as they are closest to the angle of view we humans see. These lenses have minimal distortion, which can be flattering to the subject.

Related Slang

This table provides a summary of the Length or Distance units within their respective measurement systems. We have to multiply the length by 10 every time we move from left to right. Also, for each time we move from left to right, we must divide the length by 10. I have seen one million represented by mn and also by m (both lower case).

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