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MLM means Multi Leveling Marketing. As an abbreviation, MLM means 'Multi-Level Marketing,' 'Man Loves Men,' and 'Muslim Lives Matter. Usually what these abbreviations stand for and mean is pretty straightforward (AEP stands for Annual Enrollment Period, when people can update Medicare plans each year), but this isn’t always the case. Men's Liberation Movement. Modeling MLM abbreviation meaning defined here. Neuroscience MLM abbreviation meaning defined here. MLM definition by Slang. MLM Meaning. College MLM abbreviation meaning defined here. Multi-level marketing (MLM), also called network marketing or pyramid selling, is a controversial marketing strategy for the sale of products or services in which the revenue of the MLM company is derived from a non-salaried workforce selling the company's products or services, while the earnings of the participants are derived from a pyramid. MLM is an abbreviation for Multi-Layer Media Share this. 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