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The correct abbreviation for “million” in the UK is only M. “M” is the only acceptable abbreviation to use for “million” in UK English. You’ll find that a lot of UK native speakers won’t even know what “mm” stands for (outside of the “millimeter” measurement that is abbreviated to “mm”). “M” is the most common abbreviation for “million.” If you’re going to abbreviate “million,” it would usually turn into this form. It makes the most sense considering that “million” starts with the letter “M.” Most abbreviations follow this standard practice.
“M” is the official abbreviation used whenever a million units of something are requested. The situations with millions of nights already booked in hotels is extremely difficult to handle, and the international sports calendar for at least 33 Olympic sports would have to be adapted. Such measures are a step forward, but fall short of covering the tens of millions of unemployed workers. Wheat is a staple crop for millions of people across the world. More examples The paintings fetched over a million dollars. I must have told you a million times to close the windows when you leave the house. DisclaimerAll content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only.
The History And Origin Of The Word
However, there are official abbreviations out there that you might come across, and it would help to know about them. We’ll explain the correct abbreviation for “million” in this article. If there isn’t any official standard, we recommend you use M or Mil as the abbreviation for million.
As a group of experienced English writers, we enjoy sharing our knowledge in a language that everyone is able to understand. It is Latin for multiplying one “thousand” by itself to create the “million” number.
Example Sentences With Million Abbreviations
Typically, the abbreviation is used right after a number without a space. When business people read reports, and when recruiters read resumes, it’s common to see something like this — $1M.
Abbreviations are abbreviated forms of words and phrases. For example, “Mister” becomes “Mr.” In writing, abbreviations are generally considered informal. The rules for abbreviations are rather complex and can vary. Below, you’ll find some of the most important rules and guidelines for using abbreviations in your writing. Now that you know several large number abbreviations, you have access to several options you can use in your reports or other forms of writing. You may also find it helpful to review measurement abbreviations for common units.
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The word “million” is defined as the number 1,000,000. When plural, as in “millions,” it refers to multiples of 1,000,000. In its simplest terms, a million is “one thousand thousand”.
Words such as a million, referring to numbers, are only abbreviated in circumstances where the reader is aware of the full meaning. However, it’s fairly uncommon for “Million” to be abbreviated outside of scientific circles. Most native speakers wouldn’t care much about “million” as an abbreviation because they won’t often come across the number in their daily https://accountingcoaching.online/ lives. However, the use of two MM as an abbreviation for million is becoming less common in accounting. Are you looking for the abbreviation of the word million? Here, we’ll study the word million and explore its meaning, origin, and synonyms. Plus, we’ll abbreviate the word and provide examples where you can use the abbreviation instead of the whole word.
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If we wanted to denote millions, we would show that as MM. 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. We know 2 definitions for MILLION+GALLON abbreviation. Possible MILLION+GALLON meaning as an acronym, abbreviation, shorthand or slang term vary from category to category.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we’ll take care of it shortly. Earn 10 reputation in order to answer this question. The reputation requirement helps protect this question from spam and non-answer activity. It’s a relevant What is the Abbreviation for Million? comment but not really an answer to the question. Just one sample of anecdotal evidence, market analysis reports from Frost and Sullivan use Mn for million and B for billion. Otherwise it seems common to use Bn for billion. @jcollum These conventions are also claimed to be in use in the US (see abbreviations.com).
Meanings Of Mio In English
It is also allowed to use abbreviations in accounting or financial spreadsheets for account statements or financial analysis. The Roman numeral MM is frequently used in accounting to state that the figure used in presenting values (both financial and non-financial) are in millions.
- The word “million” is defined as the number 1,000,000.
- M is the most common abbreviation for million most used in the public press, informal writing, and by most people in the United States and around the world.
- Spelling million, billion, and trillion out helps non-financial readers understand the resume more easily.
- Connect and share knowledge within a single location that is structured and easy to search.
- You can use any of the above abbreviations for thousand options when referring to thousands in writing.
100,000,000 is the natural number following 99,999,999 and preceding 100,000,001. East Asian languages treat 100,000,000 as a counting unit, significant as the square of a myriad, also a counting unit.
For “thousands”, you can abbreviate it by writing “k” (which stands for “kilos”). For example, to write the number 5000, you can write it as 5k instead. “MM” is an old-fashioned abbreviation, but it still sees some usage today. You might come across “mm” in scientific or engineering fields, where different values are required, and they can reach well into the millions as a unit. “M” is only used as an abbreviation when talking about a lot of money or in scientific communities. Generally, you will not come across a “million” of anything. “mm” is an old-fashioned abbreviation that doesn’t see much common usage.
Further Reading
The “MM” was borrowed from Roman Numerals, though it does not follow the same conventions. Romans rarely needed very large numbers, so they never developed a consistent notation. At various points and places 1,000,000 was either , M̅, or . The latter was hijacked by the financial industry as a way to denote “million” while the term “milliard” was still around (still officially used in the UK until ’74). Stack Exchange network consists of 180 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers. A million is equivalent to the product of a thousand times a thousand.
- If there isn’t any official standard, we recommend you use M or Mil as the abbreviation for million.
- Physical quantities can also be expressed using the SI prefix mega , when dealing with SI units; for example, 1 megawatt equals 1,000,000 watts.
- In addition to MIO, Million may be short for other acronyms.
- It’s not that big of a deal, just be consistent with whatever you use within a report.
- However, In stories concerned mainly with money, company reports, and City page references to bids and deals, the press uses M as the abbreviation for million.
- Other than this thread, I can’t say that I’ve ever seen ‘MM’ used for ‘million’.
There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Want to land at an elite hedge fund use our HF Interview Prep Course which includes 814 questions across 165 hedge funds. The WSO Hedge Fund Interview Prep Course has everything you’ll ever need to land the most coveted jobs on the buyside. From what I have read online “In metric, you’d use M for million, G for billion and T for trillion.” Use the citation options below to add these abbreviations to your bibliography. I have worked in equity markets for 20 years and poor abbreviations drive me crazy. Regretfully, until the USA goes metric there’s going to continue to be problem with this.
Million can be used as an adjective or as a noun. It comes from middle english “milioun”, from middle french “milion” and from early italian “millione”.
One million can be written as the number one followed by six zeros—1,000,000. I’ve worked in banking, PE and now for a large pharma. CIMs, presentations, we ALWAYS abbreviate million and billion. Honestly I think global unity is very unlikely. We can’t even agree on what a billion is numerically let alone abbreviated. (see attached regarding the long system vs the short system.) And before everyone gets upset just remember these numbers existed well before the war of independence.
Word Origin For Million
Most other countries use the capital M to denote million, while the small letter m is the most commonly used abbreviation for million in the United Kingdom. Financial use of Latin numeralThe above image shows that the figure of net income and preferred dividends are stated as being $mm which means millions of dollars. While shares authorized values, and shares outstanding values are also described as mm which means millions of shares. In fields like finance, The M letter is usually the abbreviation for thousand based on the Latin word “Mille”. MM comes as the second most popular abbreviation for million which is used in the financial sector. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
You can request verification for native languages by completing a simple application that takes only a couple of minutes. You will also have access to many other tools and opportunities designed for those who have language-related jobs . Participation is free and the site has a strict confidentiality policy. I would leave a space between the number and the abbreviation, i.e. 2 bn, not 2bn. There are probably abbreviations beyond that too . We are on a mission to help you become better at English.