MM Millions Definition, Examples, What MM Means

It appears as the owner’s or shareholders‘ equity on the corporate balance sheet’s liability side. Earnings Per ShareEarnings Per Share is a key financial metric that investors use to assess a company’s performance and profitability before investing. It is calculated by dividing total earnings or total net income by the total number of outstanding shares.

The what is mm comprises several different data types that allow it to store different types of information… For more than one individual to masturbate whilst in the company of another/others doing the same. MM is an abbreviation of the words mutual masturbation.

Units of measurement

A unit of abbreviation, the Roman numeral, MM, is frequently used to represent a million. M means a thousand, so MM is the sum if you multiply M by M, or 1,000 multiplied by itself equals 1,000,000. This allows for the interpretation of financial statements to become more accessible. Outside of finance and accounting, it is common to find the value of a thousand abbreviated as , the value of a million abbreviated as , and the value of a billion abbreviated as . Typically we think of a million being abbreviated as . Yet, often in finance and accounting, we find that this abbreviation deviates from the cultural norm that permeates most industries.

If you saw this acronym used on the internet and were unable to determine what it meant, then you are lucky to have come here. Below, this article will focus on the most popular representation, that phrase’s meaning, and other meanings that exist as well. Finally, you will learn some synonyms that can be used to replace this acronym and the phrase it represents without changing the meaning of what you are trying to convey. 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. In this example, we intentionally chose a piece of analysis that contained various different units, such as dollars and shares. When an analyst must present various different types of units, it is recommended to add a “units” column so that each item contains a label for easy reference.

Word Origin for MM

Unfortunately, this practice can occasionally cause confusion within the financial industry as multiple numerical abbreviations are used interchangeably within society. 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. Agents will also commonly see us communicate M as thousands when we quote surety rates or agent commissions.

If, say, you use it for both units and dollars in the same document, separate the different categories so your readers don’t get confused. Rather than use the barred M, however, accounting went with MM as an abbreviation for a million. For example, 1MM equals 1 million, $34MM equals $34 million and so on. Diversity, equity and inclusion is a term used to describe policies and programs that promote the representation and …

Example of MM in financial statements

Please include the research you’ve done, or consider if your question suits our English Language Learners site better. Questions that can be answered using commonly-available references are off-topic. The abbreviation of millions is now ‚mn‘ instead of ‚m‘.

• While you can make MM stand for millions of anything, it’s important that the reader knows whether you’re talking about dollars, euros, units shipped, etc.
• The Roman numeral M is used to indicate units in thousands.
• To avoid confusion, use any and all abbreviations consistently throughout all your financial records.
• Unfortunately, there isn’t a consistent approach to labeling units.
• Of Company is $15,000,000 shares of $ 100 each i.e. $ 1,500,000,000.