45 Comments
 

$8mm = $8 million dollars. The m’s stand for 1000. m * m = 1000 * 1000 = 1,000,000

$8M is also somewhat acceptable.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

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.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
Most Helpful

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’d note 8 billion as $8B.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

This is more colloquial English than terms a bank or company may use.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

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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