Neither. The designation is 12 noon.
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Ante Meridian: before noon - am Post Meridian: after noon - pm
Am stands for Ante Meridiem, Latin for before noon, Pm stands for post meridiem, Latin for after noon.
am is before-pm is after noon-you have breakfast followed by lunch
Am is any time between midnight and 11:59 just before noon. Pm is noon to 11:59 just before midnight.
It means after noon. It means after noon. It's correct but more precisely; PM got a few definitions; the most commonly used are 1. PM : Prime Minister: The person who holds the position of head of the government or cabinet (Like in UK) 2. pm : Post Meridian : Between noon and midnight (let's meet at 8pm)