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Not exactly an Excel question, but "$10MM" was used in an Excel
question posted in these newsgroups. What exactly does $10MM mean? In a Google search for $10MM, I found two online news articles in which $10MM was in the headline, but the text spoke of "10 million dollars". If it means "10 million dollars", as I suspect, why not write $10M? When I look at $10MM, I think of "10 million million dollars" -- that is, 10 trillion dollars (10^12). But the context of the Excel question suggests to me that that is not what was intended. |
#2
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MM is a pretty standard abbreviation for Million. It comes from Latin
"Mille" meaning "thousand", so MM is a "thousand thousands" equals one million. -- Cordially, Chip Pearson Microsoft MVP - Excel Pearson Software Consulting, LLC www.cpearson.com (email address is on the web site) "joeu2004" wrote in message ups.com... Not exactly an Excel question, but "$10MM" was used in an Excel question posted in these newsgroups. What exactly does $10MM mean? In a Google search for $10MM, I found two online news articles in which $10MM was in the headline, but the text spoke of "10 million dollars". If it means "10 million dollars", as I suspect, why not write $10M? When I look at $10MM, I think of "10 million million dollars" -- that is, 10 trillion dollars (10^12). But the context of the Excel question suggests to me that that is not what was intended. |
#3
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MM is used for million by people who use M to mean thousand. In my experience,
bond traders fall into this category. It would be nice if they joined the 21st century and switched to K and M like the rest of the world. -- Regards, Fred "joeu2004" wrote in message ups.com... Not exactly an Excel question, but "$10MM" was used in an Excel question posted in these newsgroups. What exactly does $10MM mean? In a Google search for $10MM, I found two online news articles in which $10MM was in the headline, but the text spoke of "10 million dollars". If it means "10 million dollars", as I suspect, why not write $10M? When I look at $10MM, I think of "10 million million dollars" -- that is, 10 trillion dollars (10^12). But the context of the Excel question suggests to me that that is not what was intended. |
#4
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On Feb 14, 4:20 pm, "Chip Pearson" wrote:
MM is a pretty standard abbreviation for Million. It comes from Latin "Mille" meaning "thousand", so MM is a "thousand thousands" equals one million. Thanks for the explanation. Makes sense, given the French meaning of "mille", too. I am used to "M" being an abbreviation for "mega", which in engineering circles means million. And in anticipation of the endless debate over whether that means 1000*1000 or 1024*1024, I hasten to point out that MHz -- meaning 1,000,000 hertz -- existed long before we started counting memory capacity in multiples of 1024. In fact, some of the first "1K" memory chips contained only 1000 bits (1x1K). My point is: the engineering meaning of "M" and "K" is context- sensitive, and it always has been. Nevertheless, I am aware of IEEE efforts to redefine the prefix and/or abbreviation for "million". |
#5
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Using the standard Si units
M = Mega m = mille google "si units" for help "joeu2004" wrote: On Feb 14, 4:20 pm, "Chip Pearson" wrote: MM is a pretty standard abbreviation for Million. It comes from Latin "Mille" meaning "thousand", so MM is a "thousand thousands" equals one million. Thanks for the explanation. Makes sense, given the French meaning of "mille", too. I am used to "M" being an abbreviation for "mega", which in engineering circles means million. And in anticipation of the endless debate over whether that means 1000*1000 or 1024*1024, I hasten to point out that MHz -- meaning 1,000,000 hertz -- existed long before we started counting memory capacity in multiples of 1024. In fact, some of the first "1K" memory chips contained only 1000 bits (1x1K). My point is: the engineering meaning of "M" and "K" is context- sensitive, and it always has been. Nevertheless, I am aware of IEEE efforts to redefine the prefix and/or abbreviation for "million". |
#6
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On Feb 14, 6:23 pm, Ashby wrote:
Using the standard Si units M = Mega m = mille google "si units" for help Look again. I think you confused "milli" with "mille". |
#7
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MM is used for million by people who recognize that some other people use M
to mean thousand (like the hundreds of millions of humans with a romance language as their native language). I use k for a thousand and mm for a million and I am very much a part of the 21st century. mm is unambiguous and harmless. "Fred Smith" wrote: MM is used for million by people who use M to mean thousand. In my experience, bond traders fall into this category. It would be nice if they joined the 21st century and switched to K and M like the rest of the world. -- Regards, Fred "joeu2004" wrote in message ups.com... Not exactly an Excel question, but "$10MM" was used in an Excel question posted in these newsgroups. What exactly does $10MM mean? In a Google search for $10MM, I found two online news articles in which $10MM was in the headline, but the text spoke of "10 million dollars". If it means "10 million dollars", as I suspect, why not write $10M? When I look at $10MM, I think of "10 million million dollars" -- that is, 10 trillion dollars (10^12). But the context of the Excel question suggests to me that that is not what was intended. |
#8
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mm is not "unambiguous and harmless" as it is the standard abbreviation for
millimeter. Better to spell numbers out entirely. Dave -- A hint to posters: Specific, detailed questions are more likely to be answered than questions that provide no detail about your problem. "CasaDeCastro" wrote: MM is used for million by people who recognize that some other people use M to mean thousand (like the hundreds of millions of humans with a romance language as their native language). I use k for a thousand and mm for a million and I am very much a part of the 21st century. mm is unambiguous and harmless. "Fred Smith" wrote: MM is used for million by people who use M to mean thousand. In my experience, bond traders fall into this category. It would be nice if they joined the 21st century and switched to K and M like the rest of the world. -- Regards, Fred "joeu2004" wrote in message ups.com... Not exactly an Excel question, but "$10MM" was used in an Excel question posted in these newsgroups. What exactly does $10MM mean? In a Google search for $10MM, I found two online news articles in which $10MM was in the headline, but the text spoke of "10 million dollars". If it means "10 million dollars", as I suspect, why not write $10M? When I look at $10MM, I think of "10 million million dollars" -- that is, 10 trillion dollars (10^12). But the context of the Excel question suggests to me that that is not what was intended. |
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