If you see an abbreviation that is confusing or unclear, please reach out to your local underwriter or branch for clarification, even if you are just asking for a friend. If you would like to learn more about Old Republic Surety and some of our services like Commercial Surety Bonds, and Contract Bonds, or just want more information, don’t hesitate to contact us today. This https://www.bookstime.com/ website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Rather than use the barred M, however, accounting went with MM as an abbreviation for a million.
- Review a few examples of sentences that feature common abbreviations for billion.
- But if M and MM are used, non-experts might not even be aware that M is a symbol for thousands and get confused.
- As stated above, MM is generally used in business to represent millions since the letter M by itself has historically meant 1,000.
- To add to the potential for misunderstanding, MM is not the Roman numeral for million.
- Wondering how to abbreviate million, billion, and thousand on a resume?
Expand your ability to communicate about quantities and amounts by getting to know various names and expressions for large numbers. When plural, as in “millions,” it refers to multiples of 1,000,000. In its simplest terms, a million is “one thousand thousand”. The word “million” is most often used in reference to money, but is also frequently used in exaggeration. The word “million” can be paired with the suffix “-aire” to form the word millionaire which indicates an individual with a million or more dollars.
Example Sentences With Thousand Abbreviations
Mil spelled out is the only measurement that uses an inch. The barred M was necessary because the Romans didn’t use zero, and they didn’t like what does mm mean using more than three identical letters in a row. If you can’t go above three M’s in a row, you can’t get to 4,000, which would be MMMM.
It is Latin for multiplying one “thousand” by itself to create the “million” number. “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.