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How Do You Abbreviate Million Dollars? Abbreviating one million dollars is done using the above abbreviations. Generally, the abbreviation with two M’s is preferred in finance. So a million dollars is written as $1MM.
MM for Million. On financial statements that used M to indicate thousand, the common practice was to abbreviate million as MM. This is an abbreviation based on a calculation. It stands for 1000 times 1000 (which would calculate out to one million), this is abbreviated to M * M, but without the multiplication sign, thus becoming MM.
In metric, you'd use M (mega) for million, G (giga) for billion and T (tera) for trillion. The only financial specific similar abbreviation I can find is MM for million (financial notation, according to wikipedia).
This converter takes the number you type in and spells it out in words (with letters), so you can learn How to write out currency amounts, sums of money, US dollars and cents, in words, in eight different letter cases: (1) lowercase (2) UPPERCASE (3) Title Case (4) Sentence case (5) Start Case (6) camelCase (7) Hyphen-Case (8) Snake_Case.
Officially, m stands for milli (which means 10-3, i.e. a thousandth), and M stands for mega, that is million. A $5k or a $2M deal would be better. More formal would be . a five thousand dollar deal or a $5,000 deal a two million dollar deal or a $2,000,000 deal.
The most common abbreviations for million are, M; m; MM; Mill. When to Use This Abbreviation. As a general rule, abbreviations are not used in academic or other official writing; the word should always be fully written out. Words such as a million, referring to numbers, are only abbreviated in circumstances where the reader is aware of the full ...
Chicago, Illinois, freelance copy editor and writer Erin Wright explains how to format money references in general business writing.