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In finance, MM is used to denote
millions, so USD 3.5MM denotes 3,500,000 US dollars. Less common is the
notation M for thousands or MMM for billions.
I once saw a portfolio manager write "MM" as "M2".
He was pretentious.
It is perfectly acceptable in finance circles to write
out "millions" or "billions", as in "$5 million" or "$5 billion". You
would not do so with "thousands". For that, the notation "$5,000" would
be fine.
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http://www.riskglossary.com
copyright © Glyn A. Holton,
2005
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