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. Western civilization has had two powerful influences — the traditions of the Greeks and the Romans, and there is often conflict. The Greeks would refer to the god of the sea as Poseidon, whereas the Romans would call him Neptune. For the Romans, the god of wine would be Bacchus, and for the Greeks, it would be Dionysus. These differences carry themselves into many parts of our culture, including financial analysis.
The Notation MM for representing Millions is becoming less common as it creates confusion between the representation of M and MM, whereas the M denotes the Thousand. But due to confusion between M and MM, now the alternative notations are used for representing thousands and millions. For Representation of Thousand, K is used as an abbreviation, and for representing Million, Single M is denoted as an abbreviation. Million is a decentralized digital currency with a fixed supply of 1,000,000 tokens.
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We don’t know for sure why the Romans used letters or why they chose the letters they did. One theory says the use of M was because Romans measured a mile as a thousand paces. Another theory is that it is a misprinting of the Greek letter phi. A million is commonly used to describe a large amount.
I will say though, in the vast majority of cases, the context makes it clear that you’re talking about does mm mean million. So it’s not for lack of clarity, I just want to know if there is a definitive answer for this. Million is a 100% decentralized ecosystem of community projects. Million also trades on Polygon network, where transaction gas fees are lower. Million can then be easily transferred across networks. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.
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If you would like to buy Million, which is currently not listed on Binance, you can follow the step-by-step guide below. It will show you how to buy Million by connecting your crypto wallet to a decentralized exchange using your Binance account to buy the base currency. If a financial statement has a lot of large figures, the accountant may simply dispense with abbreviations.
- An abbreviation for million is most often seen in financial documents and paperwork.
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- They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind.
- You may also find it helpful to review measurement abbreviations for common units.
- If you are using a desktop computer, you can download Google Chrome and the wallet Chrome extension.
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