Question: What Does M After A Dollar Amount Mean?

What does K and M mean in numbers?

What does “K” or “M” behind numbers mean.

On the Internet, 1K is used to represent 1 thousand and 10K is used to represent 10 thousand, similarly, 1M is used to represent 1 million.

1M = 1 Million (ie 10 Lakh).

Why is M used for 1000?

M is the Roman numeral for thousand and MM is meant to convey one thousand-thousand — or million. … The Greeks would likewise show million as M, short for Mega. So if we stay consistent with the Greek abbreviations, then billion would be shown as a letter G (Giga).

What does K mean for money?

In money, K means 1000. So if you have 10 K, you have $10,000. The letter K meaning 1000, comes from the prefix “kilo”.

What is $3 mm?

Sales of $3,000,000 might be written as $3MM. I have seen one million represented by mn and also by m (both lower case). Hence, you might see $1,400,000 expressed as $1.4 million or $1.4MM or $1.4mn or $1.4m.

Why do we use k instead of thousand?

K comes form the Greek kilo which means a thousand. In the metric system lower case k designates kilo as in kg for kilogram, a thousand grams.

What does $1 M stand for?

The use of two m’s to denote millions is becoming less common. Frequently, in finance and accounting settings now, an analyst will use k to denote thousands and a capitalized M to denote millions. For example, $100k x 10 = $1M.

What does M mean at the end of a number?

The International System of Units (SI) came around and decided that we should use “k” (for kilo) for one thousand, “m” (for milli) for 1/1000th, and “M” (for mega) for one million. … So, when people write $8MM, it’s actually 8 thousand thousands, which means 8 million dollars.

What is $5 mm?

APL (talk) 01:45, 10 June 2010 (UTC) “$5M” is often used to mean “$5,000” (M for Mille, which means thousand), with “$5MM” for “$5,000,000”.

What does M mean in texting?

M means “Male”. This is the most common meaning for M on online dating sites, such as Craigslist, Tinder, Zoosk and, as well as in texts and on chat forums. M. Definition: Male.

What does CM mean?

centimeterscm is the written abbreviation for centimeter or centimeters.

What is M in number?

One million (1,000,000), or one thousand thousand, is the natural number following 999,999 and preceding 1,000,001. … Physical quantities can also be expressed using the SI prefix mega (M), when dealing with SI units; for example, 1 megawatt (1 MW) equals 1,000,000 watts.

What is the symbol for million dollars?

$1MMSo a million dollars is written as $1MM.

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