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Don't even mention it, imply it.
"Yeah I just bought a new house for 3"
Try this when your MD asks what the firm is worth
How I imagine that conversation goes.
Analyst - "Its worth 3"
MD - "Are you retarded?"
One analyst tried to pull this when he missed the units in a book. 😂
That's how it goes in trading. Sometimes I go full jargon and say "mil" but only when I wanna sound like an asshat on purpose.
"Now you're a friendly, so im coming to you first. I got 270 mil at 15 year paying out a point and a half above par"
$8mm = $8 million dollars. The m’s stand for 1000. m * m = 1000 * 1000 = 1,000,000
$8M is also somewhat acceptable.
Interesting I never knew. Thanks for explaining.
As Isaiah_53_5 💎🙌💎🙌💎 stated above "$8mm" is the correct way. I would include a space personally, so it should be "$8 mm", but I will accept either typically.
What's the logic behind two m's? There's only one m in the word million.
I already explained this, try to keep up son.
Why is m a thousand?
Roman numerals
somewhat amusing story re: this, one time I was looking at some sizable oil and gas assets that a very large company (has some x’s in the name)was divesting. In O&G, the standard unit for natural gas is Mcf, one thousand cubic feet. It’s what gas is quoted as (that or the technically more appropriate MMBtu, million British thermal units). Anyways these guys were marketing the field production as 250 Mcfd which, if you’re talking 250 thousand cubic feet a day, is like really crappy. Like a single well that’s been producing for multiple years could easily produce that by itself. So needless to say, I was very confused so I emailed the company’s team marketing the assets and asked them to clarify if the they meant millions or thousands. I got a quick, curt response saying it was millions and if they meant thousands then they would have said kcf. I was floored. I’ve been in energy finance for a while and suffice it to say, I had never, and have never since, heard/seen/read someone refer to a unit of gas measurement with a single M to mean millions. And these people just acted like I was a lunatic for asking and that I’m the one who is living under a rock.
so all that said, mm is the way to go
I'm not from an English-speaking place so it's all a bit alien to me. I get the "mm" means 1000 * 1000, but don't you guys use K for 1000? (Learned that on Runescape, so not sure) I don't think I ever saw someone use "m" to mean 1000.
I’d note 8 billion as $8B.
Only real hardos write it as $8MMM ;)
Think it should be "M" over "mm" every time.
Would you write $750mm and $2B on the same page? Looks dumb
k / mm / bn / tr
$8 MM
MM is only right answer
The most prestigious way is to not include anything at all
$1
I prefer milly
weezy F baby
(Ms) in the bank if we’re talking rap slang
Billion = Bn
Million = MM
Thousands = K
...for the most part. There is no confusion if you write b instead of bn
Billion = Yard
Million = buck
Thousands = k
Mm 😎🤠
Mn 🤢🤮
M 🤪🤫
Million 🙄😮💨
😮💨
Millions are just $M. Sometimes $Mn. I will accept $MM if you're above the age of 50. "mm" is stupid because those are millimeters, and it also doesn't even fit with the whole Roman numeral thing because those would be capital Ms.
Also, thousands are $k, with a small k, you fools. K is for temperature.
"Small ones", it implies you usually talk in billions.
Ex:
- I just bought a house in the Hamptons for 14 small ones.
- That new McLaren's pretty cheap, just under 3 small ones.
- We can buy out this blue chip for just 700 small ones.
This is more colloquial English than terms a bank or company may use.
B = Billion
M = Million
K = Thousands
If you're using two Ms, you've got too much time, which is the mark of a low deal flow bank. Not prestigious, braj.
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