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Likewise, we may quote you a single and aggregate contractor line of authority. That line may be expressed, for instance, as $5MM single and $15MM aggregate. The Latin numeral MM is frequently used to designate that the units used in presenting information (financial and non-financial) are in millions. The example below shows how figures can be portrayed in millions. As a member, you’ll also get unlimited access to over 88,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.
From the chart, mm is three positions left to m. To reach m from mm, we must jump three places to the left. So, we have to divide 750 by $(10 \times 10 10)$ or 1000. As we can see in the chart, from mm to cm, only one jump to the left is required. We have to multiply the length by 10 every time we move from left to right. Also, for each time we move from left to right, we must divide the length by 10.
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Thus, MM is the same as writing “M multiplied by M,” which is equal to “1,000 times 1,000”, which equals 1,000,000 . This guide will explore how the notation should be used, as well as alternative symbols that are used in practice. We can use the following conversion chart to convert millimeters into different metric units of length. Add the number of lines after the last centimeter mark. Count up how many unmarked lines there are beyond the end of your object.
- Agents will also commonly see us communicate M as thousands when we quote surety rates or agent commissions.
- Jessie Antonellis-John is a Math and Science Instructor who teaches at Southwestern Oregon Community College.
- If you have a metric ruler, note that the numbered lines represent centimeters and the unmarked lines represent millimeters.
They’re useful when what is mm small objects, or when measurements need to be more precise than centimeters. Here’s a fun example to understand why small units are important. Gulliver, a sea captain and a surgeon, ends up on the island of Lilliput, where people are only about 6 inches in height.
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For example, 2 centimeters minus 5 millimeters equals 15mm. Tumor sizes are often measured in millimeters or centimeters. As we mix our traditions, it sometimes becomes difficult to know what someone intends to convey expressing thousands or millions in an abbreviation.
Agents will also commonly see us communicate M as thousands when we quote surety rates or agent commissions. For example, the standard Class B rate starts at $25/M for the first $100M; then $15/M for the next $400M; then $10/M for the next $2MM. Those rates are expressed per thousand and the MM denotes millions.
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A pair of hair clippers set to Level 1, will cut hair to 3 millimeters long. “Millimeter” is a unit of length that equals one-thousandth of a meter. It is a small unit of measurement compared to the centimeter, meter, inches, and feet we are familiar with. A millimeter is a small unit of displacement (length/distance) in the metric system.
Demystified Videos In Demystified, Britannica has all the answers to your burning questions. M and MM are Roman numerals where M stands for “one thousand” and MM is intended to denote “one thousand thousands”or “one million”. A quote for mailing services would commonly show as $ /M. For example, a cost quoted as $25/M would equate to $25 for every thousand pieces.