Jayson Cohen
Jayson Cohen
originally posted by Keith Levenberg:
Financial and banking folks seem fond of it. It always struck me as having an extraneous byte, since everyone's going to read "$1.2m" and $1.2MM" as the same thing.originally posted by Ian Fitzsimmons:
I'm interested, Keith: in what milieu do you see this notation? I read fairly widely, both news and bound print.
It also has widespread use in a variety of business functions beyond financial and banking unless you mean financial in its broadest sense. Anything dealing with budgets, projections, actual expenditures and performance, inventories, capacity, etc. It's used for money, as well as volume/unit sales. In that sense it is completely equivalent to using a single "M". In my experience use of a single M or double MM is cultural/historic within a company.