A checking account is an account at a financial institution, usually a bank, that allows for deposits and withdrawals. transactional deposit account held at a financial institution that allows for withdrawals and deposits. Money held in a checking account is very liquid, and can be withdrawn using checks, automated cash machines and electronic debits, among other methods.
MHI stands for Medicare Hospital Insurance Tax, and it is mandatory along with other deductions like Federal withholding income tax / social ... After an employee is hired into a Job or has a Job change, Time and Labor Security needs to be set up or may need to be updated.
Rating Newest Oldest. Best Answer: MM: an abbreviation for one million, seen in a few traditional units such as those listed below. The abbreviation is meant to indicate one thousand thousand, M being the Roman numeral 1000. However, MM actually means 2000, not one million, in Roman numeration.Reference: http://www.eia.doe.gov/neic/pubstyle/mea...elated to the 'M' is the 'k' (always a lower-case) which is the abbreviation for kilo-. The 'k' abbreviation should be used with tangible and physical subjects like distance and weight. Usage: The abbreviation for $100,000 is $1M.