Don’t abbreviate the word million. Spell it out.
Many people want to abbreviate million, but it opens the door to confusion.
For example, I asked Google for guidance on how to abbreviate million here and got a page full of conflicting search results.
Abbreviation for Million
When business people read reports, and when recruiters read resumes, it’s very common to see something like this — $1M.
While recruiters love to see numbers on resumes, they like them to be accurate (more on that here) and make easy sense to them.
Many readers have no idea if the writer means $1,000 or $1 million. That’s a huge difference ($999,000 to be exact).
Let’s say you’re talking about sales growth of $1 million dollars. If you use $1M, some of your readers might think sales grew $1,000 instead of $1 million. You go from being a hero to being perceived as an underperformer without even realizing it.
Numbers produce anxiety and confusion in many people. Avoid that by making your quantifications crystal clear.
If you’re talking millions, use the word — $1 million.
If you’re working on a report, or your resume, and you’re desperate for space,
use $1MM, not “M.” Again, it’s understood that “MM” means million. Nope, see the comments below. “MM” won’t work in the UK. It can mean “billion” there.
Abbreviation for Thousand
If you’re talking thousands, use the number: $1,000.
Again, if you’re desperate for space, use $1K for $1,000. Most people understand that “K” means thousand. If they don’t, they can Google it and get a straight answer. I checked. But why use an abbreviation that your readers have to Google?
The Confusing Single “M”
A single “M” can mean either thousand or million. You want your business writing to be clear, not confusing. Spell “million” and “thousand.” Don’t try to abbreviate them.
Abbreviation for Billion
Again, just don’t.
Click here to find samples that show you how to present large numbers on your resume.
Read on to the comments for more information and insights on how to abbreviate thousand, million, and billion.
Image: Fotolia/Ieva Geneviciene
Updated March 2019
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