From Greek Kilos, meaning 1000
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The "K" is an abbreviation for "Kilo". One kilo is equal to one thousand.
1.2k is 1,200 (Note, K is equal to one thousand.)
1 k equals 1 thousand, commonly used ingame.
One thousand. ie. 4k is 4,000 140k is 140,000
80,000 k is short for kilo, meaning thousand, as in kilogram or kilometre