# Is It M For Thousand And Mm For Million, Or K For Thousand And M For Million

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I know I have seen jobs posted that pay \$50K, and K is meant to stand in for thousand. K comes from the Greek word kilo which means a thousand. The Greeks would likewise show million as M, short for Mega. So if we stay consistent with the Greek abbreviations, then billion would be shown as a letter G . Think of your computer expressing bytes of memory as kilobyte, megabyte or gigabyte. However, when it comes to billion, we don’t really see G or MMM as the abbreviation for billion. We are more likely to see a headline that reads the government spent \$60B on a new project.

Territory includes Washington, Oregon, Montana, Idaho, Hawaii, Alaska, California, and Utah. Darrel has over 30 years of proven success and is skilled in developing relationships with internal and external stakeholders to drive superior business results. As a young banker in the mid-80s, I learned what had been taught for many decades before, that we abbreviate thousands in our analysis with a letter M. If we wanted to denote millions, we would show that as MM.Agents will also commonly see us communicate M as thousands when we quote surety rates or agent commissions. For example, the standard Class B rate starts at \$25/M for the first \$100M; then \$15/M for the next \$400M; then \$10/M for the next \$2MM. Those rates are expressed per thousand and the MM denotes millions. Likewise, we may quote you a single and aggregate contractor line of authority. That line may be expressed, for instance, as \$5MM single and \$15MM aggregate.

## Faq: Do I Need A Master’s Degree In Computer Science?

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. Notice that we have divided the positive and negative income by 12 to account for the monthly cost and made sure that the sum of ancillary income and expenses led to the total cash flow. A reporting of the owner’s equity gives the company a full understanding of the change in the capital balance over a given period. This can happen when the owner of a sole proprietorship earns income from an investment and the report takes into account the withdrawal of funds from their account income is deposited to. The doubling is used in a few different abbreviations in English. It definitely has a little bit of an old fashioned flavor to it, but in some contexts it is common.

## Other Definitions For Mm 4 Of

As an accountant, you can assemble financial statements in a plethora of ways. Yet, you need to meet the generally accepted accounting principles to communicate important information to stakeholders. One of the ways is to make a clear distinction of the amount you earned—like mm—if your company had millions in earnings. Accurate financial reporting positions your company to surpass the goals set out at the beginning of the fiscal year in addition to strategizing how you can expand your organization. A unit of abbreviation, mm is a measurement of funds shown in the millions. The Roman numeral m means thousands, so mm is the sum if you multiply m by m, or 1,000 multiplied by itself equals 1,000,000. On a financial statement, you can put 1 million as 1mm to provide more clarity to your accounting department and senior management when you present these numbers to them.

These differences carry themselves into many parts of our culture, including financial analysis. Thank you for reading this guide to the various notations available for presenting financial and accounting information.MM is especially useful when communicating your longing for something or someone online. You will most likely see it accompanying an image on a social site where people share memories. There are a variety of opportunities to place mm on a financial statement to properly demonstrate the solvency of an organization.

## Is It M For Thousand And Mm For Million, Or K For Thousand And M For Million?  Im Asking For A Friend

Equity is related to the total ownership of items, such as intellectual property or stocks you’ve invested in. It’s ideal to streamline your financial reporting methods by using software that can keep track of all transactions in real-time. The slang “MM” is an acronym that can be used to represent many things depending on the situation and the context it is used in.

## What does mm mean in music education?

The Master of Music (M.M. or M. Mus.) is, as an academic title, the first graduate degree in music awarded by universities and conservatories. … The M.M. is often required as the minimum teaching credential for university, college, and conservatory instrumental or vocal teaching positions.Doesn’t really apply to the context that was referred to in the question. MM as a post nominal signifies the award of Military Medal for bravery in combat, in the British Army and that of and most Commonwealth countries. It has been replaced in new systems of gallantry awards in many countries.Generally speaking you would say “million” rather than “millions”, and generally speaking you would just use one M, as in 25M+. However, in some dialects, especially some English dialects and especially in formal contexts, the plural is preferred and you would use MM, and sometimes even say “25 millions plus”. Your sentences come from this report from Kleiner Perkins Caufield & Byers, who is a financial firm, so it is understandable that they would use MM to refer to millions. DisclaimerAll content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. MM stands for “merry meet,” which is a way of saying, “welcome” to a group of people.Usually a test of skill against another person, this forces each player to be more serious about competing against each other once money is on the line. Very dumb person, Always uses tiktok even when their followers go down so fast.

## Definition Of ’mm’

The example below shows how figures can be portrayed in millions. 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 . This guide will explore how the notation should be used, as well as alternative symbols that are used in practice. Stack Exchange network consists of 178 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers. The various definitions, examples, and related terms listed above have been written and compiled by the Slangit team.If you saw this acronym used on the internet and were unable to determine what it meant, then you are lucky to have come here. Below, this article will focus on the most popular representation, that phrase’s meaning, and other meanings that exist as well. Finally, you will learn some synonyms that can be used to replace this acronym and the phrase it represents without changing the meaning of what you are trying to convey.It may also be used when parting with a group of people at the end of a conversation. You will most likely see it in online chatrooms or in text messages. Western civilization has had two powerful influences — the traditions of the Greeks and the Romans, and there is often conflict. The Greeks would refer to the god of the sea as Poseidon, where the Romans would call him Neptune. For the Romans, the god of wine would be Bacchus, and for the Greeks it would be Dionysus.Unfortunately, there isn’t a consistent approach to labeling units. 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. For more than one individual to masturbate whilst in the company of another/others doing the same. The act of marriage, and thus the title of someone being a married man or married woman, dates back to 2350 B.C. However, the first usage to describe a married man according to the meaning stated above is unknown.

• As an accountant, you can assemble financial statements in a plethora of ways.
• It’s imperative to know your company’s internal accounting process, so you can note the mm calculations accordingly and strategically plan how you can meet your financial reporting deadlines.
• The act of marriage, and thus the title of someone being a married man or married woman, dates back to 2350 B.C.
• It definitely has a little bit of an old fashioned flavor to it, but in some contexts it is common.
• A reporting of the owner’s equity gives the company a full understanding of the change in the capital balance over a given period.