cost per thousand
noun [ U or C ]
ukus( abbreviation CPM) COMMERCE, E-COMMERCE, MARKETING
the cost of advertising a product to a thousand people in a newspaper, on television, etc., or the amount of money that is charged to a company, etc. that advertises on a website for every thousand people who see or click on the advertisement on the website:
Cost per thousand (also CPM or cost per mille - Latin for thousand) is defined as the cost to reach 1000 viewers, listeners, internet users, etc.