How To Abbreviate Million, Billion and Thousands on a Resume

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 m or mm for million million or $1.4MM or $1.4mn or $1.4m. According to the New York Times, having $1 million puts you in nearly the 90th percentile of household wealth in the U.S. (the 50th percentile is $127,000). It’s not surprising that most people don’t have $1 million because unless you make a ton of money, it is tough to save that much.

• I’m not a professional in the finance world but I did major in Business Administration in college and took economics courses.
• In finance and business, the abbreviation “M” is the go-to choice for representing “million.” As mentioned earlier, it is prevalent in financial statements, company reports, and investment discussions.
• Before “k” was adopted as the colloquial way of writing a thousand (i.e. $35k to mean $35,000), it was common to use “M” instead; “M” being the Roman Numeral for 1,000.
• Abbreviations save both time and effort while communicating information, especially when it comes to numbers and quantities.
• These abbreviations may be used in mathematics texts or formal writing within the context of records such as banks or other companies where large numbers are documented.
• Let’s look at a few examples from real resumes of how to abbreviate million on a resume.

The Commonly Accepted Abbreviations

• It is Latin for multiplying one “thousand” by itself to create the “million” number.
• 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.
• 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.
• There may be a name for overall system, but those are not the names for the individual terms.
• Style guides suggest the right abbreviation, placement, punctuation, spelling, and capitalization of the document.
• Once a number reaches higher than ten, it becomes much harder to count with your fingers.
• Formal situations like financial reports require using the accepted abbreviations, such as ‘M’ or ‘m,’ whereas informal situations allow for more flexibility and creativity.

In the general environment of municipal government, for dollars we use K for Statement of Comprehensive Income thousands, M for millions and B for billions. If K and MM are used, it’s bad style because the symbols are being mixed up. But if M and MM are used, non-experts might not even be aware that M is a symbol for thousands and get confused. It seems like that the safest choice to ensure comprehension is to use K and MM, but something about mixing the symbols just doesn’t seem right to me.

Examples in Financial Reports

• While both notations are understood primarily in the United States, $1M tends to be more globally recognized and utilized.
• Similarly, if an investor mentions owning 5M shares of a particular stock, they are referring to holding 5 million shares.
• The information provided on , in webinars and accompanying material is for entertainment and informational purposes only.
• In the modern world, we regularly encounter the words million and billion, and businesses, governments, astronomers and journalists often think in the millions, billions or even trillions.
• Frequently, in finance and accounting, an analyst will use k to denote thousands and a capitalized M to denote millions.
• Whether you’re working in corporate finance, investment banking, or financial analysis, using “M” as an abbreviation for “million” will help you communicate efficiently.

Internet advertisers are familiar with CPM which is the cost per thousand impressions. Our goal is to create English lessons that are easy to understand for everyone.

b. Different Conventions Based on Location

A millimeter (abbreviated as mm and sometimes spelled as millimetre) is a small unit of displacement (length/distance) in the metric system. 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.

• Including a million in an Instagram caption or Twitter post that can only contain a limited number of words saves space.
• The use of two m’s to denote millions is becoming less common.
• M for thousands and MM for millions would only ever be used in a context where the audience is proficient with financial jargon.
• Maximizing the impact of your resume is all about using your space wisely.
• “MM” is an old-fashioned abbreviation, but it still sees some usage today.

When two Ms are together (MM), it indicates 2,000 when using this methodology for expressing numbers. To avoid confusion, the term $1MM is often used to designate a retained earnings balance sheet million, while the generic “MM” represents 2,000. In the modern world, we regularly encounter the words million and billion, and businesses, governments, astronomers and journalists often think in the millions, billions or even trillions. However, the word million has been around in English only since the late fourteenth century.