4 ms·
Forgive me for going off-topic here but I'm curious about your reason for using MM to designate 'million'?
by Spare_account 10y ago
Forgive me for going off-topic here but I'm curious about your reason for using MM to designate 'million'?
- teh_klev 10y agoI think in the financial industry, particularly in the US, MM is often used to signify millions. MM is also one million in Roman numerals (1000(M) x 1000(M)). See also: https://english.stackexchange.com/questions/181917/mixing-use-of-k-for-thousands-and-mm-for-millions https://english.stackexchange.com/questions/181917/mixing-us... I don't think there's any hard and fast rules globally how one specifies "millions": https://www.quora.com/What-should-be-the-abbreviation-for-million-M-or-MM?shared=1 https://www.quora.com/What-should-be-the-abbreviation-for-mi...
- ddlatham 10y agoWouldn't it be 2000 in Roman numerals?
- teh_klev 10y agoI thought that too, but there's an implied multiplier. I'm guessing it's one of those examples of borrow and abuse things.
- ddlatham 10y agoRoman numerals use implied addition and subtraction, not multiplication. MM may signify million in some contexts, but not in Roman numerals.
- teh_klev 10y ago> Roman numerals use implied addition and subtraction, not multiplication. I already agreed to that fact; whilst reluctant to invoke "appeal to authority", I know how Roman numerals work, I studied Latin and Classical Studies. I also said "I'm guessing it's one of those examples of borrow and abuse things". > MM may signify million in some contexts I already stated that: I think in the financial industry, particularly in the US, MM is often used to signify millions - I didn't mean everywhere, that was just one example where it's sometimes used. From my fairly lengthy google searching the rough consensus is that MM has been hijacked from Roman numerals and that there's an implied multiplier. Whether you like it or not, it's just how it is.
- ddlatham 10y agoSorry if you took my post the the wrong way. While the use of it was likely inspired by Roman numerals, I read your post as indicating that it actually did mean one million in Roman numerals and wanted to be clear that it did not as I was likely not the only one to understand your post that way.
- vslira 10y ago000's, MM, Bn, Tn, - how to spot a banker :) (I interned at an ibank, not criticizing)
- ascagnel_ 10y agoExactly this. I interned at a pension fund, but now refuse to work in the financial industry.