I came across the term '5MM' in a financial context and I'm not sure what it means. Is it a specific amount of money or a financial term? Can someone explain the meaning of '5MM' in terms of money?
6 answers
ZenFlow
Tue Nov 05 2024
The single line of authority can be quoted as $5 million.
KatieAnderson
Tue Nov 05 2024
Additionally, the aggregate line of authority can be quoted as $15 million.
Valentina
Tue Nov 05 2024
The rates provided are stated on a per thousand basis.
CrystalPulse
Tue Nov 05 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.
EnchantedSoul
Tue Nov 05 2024
The abbreviation MM stands for millions in this context.