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Yes, that is the meaning of the slang.

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Q: Is one hundred thousand the same as saying one hundred grand?
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Related questions

Is One thousand two hundred the same as twelve hundred?

Yes. 1,200 (one thousand two hundred) = 12 multiplied by 100 or twelve one hundreds. Instead of saying, "one thousand two hundred" people have shortened it by saying, "twelve hundred."


Is one thousand five hundred the same as fifteen hundred?

Yes, it's two different ways of saying the same thing.


How do you write 6400 in words?

six thousand and four hundred. Because you have six thousand and four hundred dollars the same as saying the number out loud.


Is two hundred fifty thousand the same as twentyfive hundred thousand?

No. Twenty five hundred thousand is 2,500,000 or two million five hundred thousand.


Why do you call it two million not two millions?

I'm not sure why, but the same usage follows with saying 'two hundred' and 'two thousand'.


Is fifteen hundred thousand the same as one million five hundred thousand?

Yes


How much is eight hundred thousand?

Eight hundred thousand is the same as eight lakhs!


How do you say 10500 in spanish?

In Spanish, 10500 is written diez mil quinientos. This is the same as saying ten thousand five hundred in English.


What means the same as 95 hundred?

Nine thousand five hundred means the same as 95 hundred.


Is fourteen hundred the same as one thousand four hundred?

sure is


What is the standard form of 20 thousand 20 hundred?

"20 hundred" would never show up in a proper reading of numbers,because "20 hundred" is the same as "two thousand", and it wouldbe read that way.So, "20 thousand 20 hundred" is the same thing as "22 thousand",and it's written22,000


Is one hundred thousand the same as a million?

Nope ! A million is ten times BIGGER than one hundred thousand.