Comment by samstave
2 years ago
MM = 1,000 * 1,000 == 1,000,000 <- thats where MM comes from Roman numerals.
jeasus christ:
https://corporatefinanceinstitute.com/resources/fixed-income...
Seems like you engineers have been behind code and not having to defend your project budgets to CFOs and stakeholders often.
MM is 2,000 in Roman numeral notation, not a million.
Yeah, but finance people (way after the roman times) adopted M as a suffix for thousands, and once you treat it as a suffix or prefix it made sense (to them) to use MM for million. You sometimes see the same done in engineering-adjacent contexts with SI prefixes, like using kk for million.
The finance people that I know uses K for thousands and MM for million.
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So MMXXIV = 1,000 * 1,000 * 10 * 10 * 1 * 4?