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20M is correct and I don't know why people think "million" should be abbreviated as "MM". M is Mega, as in a Million. "thousand thousand" would be "kk".
by Sohcahtoa82 3y ago
20M is correct and I don't know why people think "million" should be abbreviated as "MM".
M is Mega, as in a Million. "thousand thousand" would be "kk".
- opello 3y agoIt's because in finance/accounting the MM is taken from Roman Numerals. I'm not sure why it's got magically implicit multiplication instead of the standard Roman Numeral reading (2000 for MM) but such is life. Interesting, a thread from another article on this topic: https://news.ycombinator.com/item?id=7451283 https://news.ycombinator.com/item?id=7451283