What is the proper abbreviation for 1 million dollars?

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Answer:

The standard financial abbreviation for million is MM, e.g. $300 MM.

Most people will write $1M

There is no standard abbreviation for million.

For those that use a pseudo-metric abbreviation, it would be $1M, where "M" stands for mega, or million. This follows the use of "K" (kilo) as an abbreviation for thousands.

Also commonly used is an abbreviation based loosely on Roman numerals. Using this format, $1M represents $1,000 and $1MM for $1,000,000. While it is accurate that Roman numeral "M" stands for 1000, the "MM" represents 2000, not 1 million. The correct representation for 1,000,000 in Roman numerals would be an M with a horizontal line drawn above it. The horizontal line indicated the numeral was to be multiplied by 1000.

First answer by ID1116610145. Last edit by Brandipoints. Contributor trust: 4 [recommend contributorrecommended]. Question popularity: 6 [recommend question].

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