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It comes from banking. In that context, $6MM stands for the Latin "6 mille mille," or "6 thousand thousands". $6M seems natural for those used to SI units (6
by sparky 16y ago
It comes from banking. In that context, $6MM stands for the Latin "6 mille mille," or "6 thousand thousands". $6M seems natural for those used to SI units (6 megadollars), but I have heard that in some financial circles that may be taken to mean "6 mille" (what we would call 6k).
It's all probably moot, the average person uses and understands them as interchangeable, I'd imagine.
- loiuygthyujik 16y agoAnd to avoid a confusion between a US billion (10^9) and a UK billion (10^12). Errors of 3 orders of magnitude used to worry bankers once upon a time.