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https://news.ycombinator.com/item?id=45240304#45241147 https://news.ycombinator.com/item?id=45240304#45241147 To represent one million in finance, the abbrev
by walterbell 1y ago
https://news.ycombinator.com/item?id=45240304#45241147 https://news.ycombinator.com/item?id=45240304#45241147
To represent one million in finance, the abbreviation “MM” is widely used. This notation originates from “mille mille,” meaning “thousand thousands” in Latin, equating to one million. This clarity makes “MM” a preferred choice in financial statements and reports.
- lotsofpulp 1y agoI feel like the mille notation might have been usable before trillions started getting thrown around. Nowadays, k, M, B, and T seem like clearer suffixes than M, MM, MMM, and MMMM.
- walterbell 1y agoFor this specific thread, 3MM also disambiguates 3M the company, https://news.ycombinator.com/item?id=45240769 https://news.ycombinator.com/item?id=45240769