Cryptocurrency Q&A Is $1 mm a million?

Is $1 mm a million?

Michele Michele Tue Nov 05 2024 | 6 answers 1213
I heard someone say '$1 mm' and I'm wondering if it means a million. Is '$1 mm' a shorthand or slang for a million? I want to confirm if my understanding is correct. Is $1 mm a million?

6 answers

MysterylitRapture MysterylitRapture Thu Nov 07 2024
The abbreviation for a million in accounting is not the barred M but MM.

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DongdaemunTrendsetting DongdaemunTrendsetting Wed Nov 06 2024
This method of abbreviation is widely accepted and used in financial documents.

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Sara Sara Wed Nov 06 2024
BTCC, a top cryptocurrency exchange, offers various services including spot, futures, and wallet. These services cater to the needs of different investors in the cryptocurrency market.

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Carlo Carlo Wed Nov 06 2024
For instance, when referring to one million, one would write 1MM.

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Alessandra Alessandra Wed Nov 06 2024
Similarly, $34 million would be abbreviated as $34MM.

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