Money, Money, Money. Money . . . Money

In this blog post title, I’m singing the song lyric of “For the Love of Money” by the O’Jays (and yes, I know my age is showing). I came across something in proofreading at work today that I thought I should cover. The phrase was “$1 million dollars.” My thought was that since the dollar sign is there and means “dollars,” the word “dollars” is superfluous. So I decided to research the Gregg Reference Manual rules on money.

The first choice with money is to use the dollar sign and numbers.

  • $7.50

You can spell the money reference out when it is isolated and you don’t want to emphasize it.

  • half a million dollars

Indefinite amounts of money should be spelled out.

  • a few thousand dollars

When your sentence contains a whole dollar amount, you do not need to add a period and two zeros UNLESS it is in the same context as an amount with dollars and cents or you need to give special emphasis to an exact amount.

  • INCORRECT: The bread sold for $3, but the butter was $4.25.
  • CORRECT: The bread sold for $3.00, but the butter was $4.25.
  • I will give you $40.00 for dinner and not a penny more.

If you have numbers in a column, all of the numbers should have the decimal and two zeros so the numbers line up and look consistent.

When you have very large amounts of money, it is appropriate to use numbers and words, but use EITHER the dollar sign OR the word “dollars,” not both.

  • $3 million
  • 3 million dollars

Fractional amounts of money should either be spelled out or all numbers, but not an actual fraction.

  • INCORRECT: 1/2 of a million dollars
  • CORRECT: half of a million dollars
  • CORRECT: $500,000

For amounts of money under a dollar, normally use figures and the word “cents.”

  • She paid 49 cents for that shake.

However, do not use the dollar sign and decimal point with cents except when related amounts of money require the dollar sign

  • Today I spent $3.50 for pens, $14.00 for paper, and $.35 for sticky notes.
  • I found a deal on sticky notes and paid only 35 cents per pack.

Where you use the dollar sign or cents sign for a range of numbers, use the symbol with each amount.

  • INCORRECT: My budget for a car was $15,000 to 20,000.
  • CORRECT: My budget for a car was $15,000 to $20,000.

Also, to be clear, if you are using words for the dollar amount, use it after each number.

  • INCORRECT: The income was expected to be between $3 and $5 million. This could be read to be between three dollars and five million dollars and that’s quite a spread.
  • CORRECT: The income was expected to be between $3 million and $5 million.

However, where you are spelling out the numbers, you can add the dollar amount after the last number.

  • The income was expected to be between three and five million dollars.

In legal documents such as contracts and agreements where it needs to be crystal clear, you should spell out the dollar amount and then put the numbers in parentheses right after.

  • The sales price is Three Hundred Forty-five Thousand Dollars ($345,000.00).
  • NOTE: The word “and” does not appear between “Hundred” and “Forty-five.” Even though you may verbally say it that way, it is correct to leave it out, although you can add it if you choose.

When you are describing foreign money, it usually is shown with an abbreviation or a currency symbol at the front.

  • US$45,000
  • Can$45,000
  • €45,000
  • ¥45,000

Well that didn’t increase my coffers any, but now we all know more about writing about money. Please add a comment below or email [email protected] with your burning questions and we can all learn a little something perhaps we didn’t know.

 

Grammar Giggle – There, Their, They’re . . . Someday They May Get It Right!

This I found on Google. They may learn something, but I’m not sure I’d trust this software to teach them something correctly.

their learning

This is one error that I see a lot on Facebook that irritates me. It seems that the errors are mostly (but certainly not exclusively) made by young people. It is not a difficult concept.

  • There means “in that place” as in “He ate at Burger King and parked the car there.”
  • Their means “belonging to them” as in “Their car was stolen last night.”
  • They’re is a contraction for “they are” as in “They’re having twins!”

 

Grammar Giggle – Boy Waitress, Girl Waiter, Now I Know Why They Use “Server”

I found this on Google and hesitate just a little bit to make it a Grammar Giggle. Obviously English is not their first language, but waitress and waiter are one of those sets of words that already defines gender, like actor and actress, so you shouldn’t add gender and “boy” waitress is just plain confusing. Are they looking for a waitress or a waiter? The other errors in the sign will go unmentioned.

An Abbreviation–Is It An Initialism Or An Acronym?

An abbreviation is a group of letters acting as a shortened form of a phrase such as CD, ATM, FBI, etc. Abbreviations that are pronounced letter by letter–such as ATM, AC–are called initialisms while abbreviations pronounced as words–such as ZIP, PIN–are called acronymsThe Gregg Reference Manual uses a great example with CT scan and CAT scanCT is an initialism and CAT is an acronym. For ease here, we will call them all abbreviations. When using abbreviations, do not use a word that is part of the abbreviation with the abbreviation. For instance, do not use PIN number since PIN is the abbreviation for personal identification number, so you would be saying personal identification number number.

Once you have the abbreviation correct, how you treat the abbreviation in a sentence requires that you do not think of the phrase, but think of the abbreviation as its own new word. So if you’re trying to decide whether to use or an with your abbreviation, think about how you would pronounce it. For example with PIN, it would be a PIN, and with ATM, it would be an ATM. See Listen to Choose an Appropriate Article to help you make that decision.
Other problems come when you are using an abbreviation for a phrase, i.e., TOS for Terms of Service or SAC for Second Amended Complaint. It can be confusing to determine whether to treat the abbreviation as singular or plural in deciding how to make it plural or possessive. Once you turn your phrase into an abbreviation, think of that abbreviation as a word and no longer the complete phrase. For example,
The Terms of Service’s provisions allow the prescribed activity.
The TOS’s provisions allow the prescribed activity.
or
In a Second Amended Complaint, you must redline the differences from the original Complaint.
In an SAC, you must redline the differences from the original Complaint.
Abbreviations are useful in legal writing (particularly with page limits), but try to keep it to something that makes sense and try not to turn every phrase into an abbreviation or your reader will have to have a road map in order to be able to make sense of your writing. While we are on that topic, when I’m working in a document with lots of defined terms (including abbreviations), I usually start a chart on my second screen or on a notepad so I can make sure the same phrase is abbreviated or capitalized consistently throughout the document as it is defined. It is the small things you can easily keep track of that will make all the difference in having a document that is correct and consistent.

Grammar Giggles – Wensday

My nephew sent this to me. He paused his television so he could take the picture. I understand that of all of the days of the week, Wednesday is the most difficult to spell, and I understand that this appears to be spelled phonetically, but when you’re a national broadcasting company, you probably should hire people who can at least spell all of the days of the week correctly. My biggest question is how did no one catch this before it aired? Perhaps I have a new career waiting? #seriouslyabc #abcwensday

Grammar Giggle – There, Their. Everything Will Be Fine If You Learn The Difference Between “There” And “Their”

A loyal blog reader sent this to me from a Craigslist ad. What is most worrisome about this error is that they used the word “their” correct two other times IN THE SAME SENTENCE! Again, this is something spell check would not catch, so you need to actually read it (and know the difference between there and their). There is a location or at that place (she was sitting there on the blue chair) and their is belonging to them (he loved riding in their Corvette). And just to be complete, they’re is a contraction for they are.

Grammar Giggle – Happy Administrative Professionals Week

I hope everyone had a great Administrative Professionals Week this week. I found this ecard on Google. Not only is the comma unnecessary, but where you can add the word “single” between every and day, it should be two words and not just one. Here’s a previous article on this very topic – We Appreciate Proofreading Tips Each and Everyday.