Hacker News new | ask | show | jobs
by StavrosK 5715 days ago
Hmm, so who uses this? How is it better than just saying $3M?
2 comments

MM is the standard abbreviation for million in the financial world. "The great thing about standards is that there are so many to choose from."
This came up in a thread a while back (http://news.ycombinator.com/item?id=1483667). Bottom line is that "MM" comes from the banking/finance world. In banking, $3M actually means $3,000 and $3MM means $3,000,000.
I see, thank you. I prefer the SI, kilodollars, megadollars, etc.