What is the correct abbreviation for thousands, millions, billions and trillions in a financial context?
From what I have read online "In metric, you'd use M (mega) for million, G (giga) for billion and T (tera) for trillion."
I have seen and used M for million but that can represent thousands to some and mm is actually million..
I also use 'k' for thousands; but i picked that up from playing runescape in 5th grade.
Thousand, Million, Billion, Trillion What's The Shorthand Or Abbreviation?
Around WSO there seems to be a general consensus for what is considered the "correct" abbreviations:
- K for Thousands
- MM or M for Millions
- B, Bn, Bil for Billions
- T or Tn for Trillion
Thousands is an interesting case because the Roman numeral system used M as their abbreviation. However, K originates from the Greek Kilo and is more commonly used today to minimize confusion. For million. billion, and trillion, their abbreviations are interchangeable so long as your are consistent in your usage. Add a comment if you think there is another way to shorthand or if we missed something!
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