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But I have so many followers!
(lemmy.world)
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MM is a common abbreviation for millions in finance and accounting. Not usually used colloquially, but it’s not wrong.
M is roman numerals for thousands, so MM is a thousand thousands = million.
If it were Roman numerals that would be two thousand for the same reason II is two ones...
I'm not a finance bro, just pointing out where it comes from.
https://corporatefinanceinstitute.com/resources/fixed-income/mm-millions/
I think this says that IF MM is to be interpreted as roman numerals, then MM is additive and means two thousand, whereas IF MM is to be interpreted as the ad hoc finance unit, then it denotes millions
M also denotes the metric prefix Mega, which means a million of something.