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M = 1000 in Roman numerals, but the confusing bit is not reading them like Roman numerals (2000) but rather interpreting them as one thousand thousands, or one
by jcsalterego 16y ago
M = 1000 in Roman numerals, but the confusing bit is not reading them like Roman numerals (2000) but rather interpreting them as one thousand thousands, or one million.
- StavrosK 16y agoHmm, so who uses this? How is it better than just saying $3M?
- marclove 16y agoThis came up in a thread a while back (http://news.ycombinator.com/item?id=1483667 http://news.ycombinator.com/item?id=1483667). Bottom line is that "MM" comes from the banking/finance world. In banking, $3M actually means $3,000 and $3MM means $3,000,000.
- StavrosK 16y agoI see, thank you. I prefer the SI, kilodollars, megadollars, etc.
- jbarham 16y agoMM is the standard abbreviation for million in the financial world. "The great thing about standards is that there are so many to choose from."