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It means the multiple of 1,000 which is closest to a specific number.

An example.

Round 3,244 to the nearest thousand.

The two multiples of 1,000 either side of this number are 3,000 & 4,000.

We must therefore either round up or down depending on which is closest to the number.

3,000 is closer (it is 244 away [3244-3000 = 244] where 4,000 is 756 away [4,000 - 3244 = 756]). To the nearest thousand 3,244 is therefore rounded down to 3,000.

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Q: What is the meaning of the nearest thousand?
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