How is billion abbreviated

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November Investment Banking. Leaderboard See all. What is the accepted abbreviation for billion? Rank: Senior Baboon Various Abbreviations For Billions The ones listed above are all acceptable and interchangeable for billion with "B" being the most common" , but it is crucial that you stick to one abbreviation for the sake of consistency.

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Money Never Sleeps? Learn more Suggested Resource Learn More. What is the convention for abbreviating thousands, millions, and billions in monetary amounts?

Starting with the second convention, M is used for amounts in the thousands and MM for amounts in the millions usually without a space between the number and the abbreviation—e. Any similarity with roman numerals ends there, however, because MM in roman numerals means two thousand, not a thousand thousands, or one million, as in financial contexts the year in roman numerals is MMXX.

Likewise, MMM in roman numerals means three thousand, not a thousand times a thousand times a thousand, or one billion. For an overview of roman numerals, see CMOS 9.

While the fields of accounting, banking and finance have adopted the Roman tradition, other fields such as computer programming and the high-tech industry have adopted Greek-influenced abbreviations.

As we mix our traditions, it sometimes becomes difficult to know what someone intends to convey expressing thousands or millions in an abbreviation. It is an imperfect world. At Old Republic Surety we seek to deliver you transparency and clarity in our communications.

If you see an abbreviation that is confusing or unclear, please reach out to your local underwriter or branch for clarification, even if you are just asking for a friend. Darrel Lamb leads Old Republic Surety's West Region surety operation in all facets of contract surety including business development, underwriting, marketing, agency management, strategic vision, operations, compliance, and employee development.

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