re: What is the correct way to abbreviate 500,000

Perhaps we should start by learning how to spell the word "English"

Where exactly do you work that you regularly deal in intervals of 500 trillion dollars??

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Where exactly do you work that you regularly deal in intervals of 500 trillion dollars

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I don't deal in anything bigger than billions now, but economic research has trillions of dollars regularly.

Also in the Macroeconomic material I read, interest rate derivative liabilities get into the trillions pretty regularly.

I do understand your original sentiment though, 500 trillion is a lot of anything.

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Tigerpaw123

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...has gotten pretty quiet. After all, the whole point of this thread was to "prove" me wrong for using M to shorthand 000s.

Can we just call it a failure now?

not quiet at all, as you can see in this thread, that while your way may be accpected by a few people, the standard is K not M as that is very confusing to say the least

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if both are used, then neither is the standard

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So you are saying that you can not have a standard way and an alternate way of doing something?

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So you are saying that you can not have a standard way and an alternate way of doing something?

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No, but that is what you said....he'll, this thread is proof.

You made this an "either/or" issue...

I've seen it used both ways, but prefer to use M.

Once I was sitting through a presentation with the CFO of Pepsi Bottling Group and for whatever reason this same question came up and he didn't know either.

This seems to be one of those things accounting/finance professionals get their panties in a knot about.

Whatever you use, make sure everyone else is using the same thing b/c it creates a hell of a lot of confusion if not!