What is $1 mm in money?
Approved answer
Understanding MM in Finance
In the realms of finance and accounting, the abbreviation MM (or written as mm) typically indicates that the figures presented are expressed in millions. The Roman numeral M represents thousands. Therefore, in this context, MM can be interpreted as M multiplied by M, which corresponds to 1,000 times 1,000, resulting in a total of 1,000,000 (one million).