How To Abbreviate Million, Billion and Thousands on a Resume

mm for million

K is also used in computing to mean “kilobyte,” but mostly in commercial contexts as a shortening of KB (see CMOS 10.49). To further muddy the waters, K can also mean “kelvin,” which is the base unit of temperature. A small-scale clothes manufacturing company, Weavers & Co., records the following data in its income statement. Let us convert the data into a notation of millions for a clear and concise representation.

mm for million

He studied at Georgetown University, worked at Google and became infatuated with English Grammar and for years has been diving into the language, demystifying the do’s and don’ts for all who share the same passion! If they don’t, they what does mm mean can Google it and get a straight answer (I checked). In numerical expressions, “MM” stands for millions (equivalent to 1,000,000), “K” represents thousands (equal to 1,000), and “B” represents billions (equivalent to 1,000,000,000).

What Does M and MM Mean in Accounting?

Don’t use two words when one will do — and don’t spell out whole words when common abbreviations are easy to read and save space. In this guide, we’ll cover everything you need to know about how to abbreviate million, billion and thousand on a resume, as well as other common resume abbreviations you should be using. I know I have seen jobs posted that pay $50K, and K is meant to stand in for thousand. So if we stay consistent with the Greek abbreviations, then billion would be shown as a letter G (Giga).

mm for million

A leading chemical company has made more than 40 successful acquisitions in the last 25 years. By acquiring businesses that already have a significant presence, it has increased market share from approximately 15 percent to 25 percent, growing revenue by 20 percent compounded annually over the last ten years. Our research found growth champions frequently choose to grow competencies beyond their core business, transferring the skills, expertise, and market knowledge acquired in one sphere to new markets and geographies. Diversifying beyond the core can be a valuable growth strategy for any company, regardless of industry.

Looking beyond core business

It now has over 10,000 beds, alongside thousands of pharmacies across India. Using uppercase (“MM”) or lowercase (“mm”) are both fine, as long as you’re consistent. Uppercase abbreviations are standard in the United States, while lowercase abbreviations are more common in some countries overseas, so keep that in mind when choosing which to use. Always use “K” to abbreviate thousands — never “M,” which is archaic and likely to cause confusion. Unlike “million” and “billion,” avoid spelling out “thousand” — instead, use the whole figure.

  • “M” is the official abbreviation used whenever a million units of something are requested.
  • It is used in various ways, such as for market capitalization, revenue, and profit.
  • Abbreviating “hundred” as “H” would be strange, because it’s not an abbreviation you’re likely to find anywhere else.
  • Most native speakers wouldn’t care much about “million” as an abbreviation because they won’t often come across the number in their daily lives.
  • Stating at the top of the report that “all figures are in millions of dollars” should take care of it.
  • Here, we’ll study the word million and explore its meaning, origin, and synonyms.

Darrel has over 30 years of proven success and is skilled in developing relationships with internal and external stakeholders to drive superior business results. As a young banker in the mid-80s, I learned what had been taught for many decades before, that we abbreviate thousands in our analysis with a letter M. M is the Roman numeral for thousand and MM is meant to convey one thousand-thousand — or million. To take it further; one billion would be shown as $1MMM or one-thousand million. In the modern world, we regularly encounter the words million and billion, and businesses, governments, astronomers and journalists often think in the millions, billions or even trillions.

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