An abbreviation of "not much" or "nothing much". It is most commonly used in
instant messaging conversations as an easy and
thoughtless answer to the question what's up.
Some people also use it as an abbreviation for "nevermind", but "
nvm" is more popular.
Typical start of an
MSN conversation:
Jack: hey
Jill: hey
Jack: sup?
Jill:
nm u?
Jack: nm
Jill: cool
Jack: yup
Jack: (starts talking about something)