It's really a question of context and audience.
The standard Accounting abbreviation is "MM", which is short for "Milli Milli" - a thousand thousand, meaning a million.
With the introduction of both the metric system and common technology abbreviations, which are probably closely related, and with more people being familiar with either metric or technical abbreviations than accounting abbreviations, it is becoming more common to use the Greek abbreviation, "M" (Mega - million) as a numeric abbreviation instead of the Latin "MM".
If your audience are Accountants, consider using "MM", otherwise you may feel comfortable using "M".
Generally it is referred to as a 'megabuck'.
$1MIL, $1MILLION, $1,000,000, One Million Dollars
.5M
7mm
The abbreviation for 2 million dollars is typically written as $2M. The letter "M" stands for "million," so this notation clearly indicates the amount in a concise format.
M = a thousand dollars MM = a million dollars (a thousand thousands)
1 million dollars = 1 million dollars
MM is a financial abbreviation that represents "million." In terms of dollars, 1 MM refers to 1 million dollars, or $1,000,000. This notation is commonly used in financial statements, accounting, and business reports to denote large sums of money efficiently.
1 million
1 million ohms are 1 megaohms.
It means $100 million US dollars.
1k
A Grand