What does the k mean in money besides 1000?

Answer 1

In financial contexts, "k" typically stands for "kilo," which is derived from the Greek word "chilioi," meaning a thousand. Beyond representing 1,000, "k" can also denote larger quantities when used in combination with other prefixes, such as "M" for million or "B" for billion. Additionally, in some contexts, "k" may refer to a specific unit of measurement, like kilobytes in technology, but in finance, it primarily signifies thousands.