The letter "K" is derived from the Greek word "kilo," which means thousand. In finance and accounting, "K" is commonly used as an abbreviation for thousand, particularly in the context of money and large numbers, to simplify notation. For example, $10K refers to $10,000, making it easier to read and write large amounts succinctly. This shorthand is widely recognized in various fields, including business and finance.
K stands for kilo or thousand.
K is an abbreviation for Kilo-(thousand). The abbreviation for Thousand is THOU.
k=thousand so 14 thousand or 14000
K stands for Kilo means a thousand
General convention is "k".
K stands for thousand, so if someone says they have one k it means they have 1000 pounds. I hope this helps you. Additionally k means kilo and kilo means thousand :)
£500,000 Note: 500 k means five hundred, thousand pounds - the k is shorthand for a thousand.
1,000. kilo means a thousand in many things and that is where it comes from.
Thousand
When someone speaking about money says 450K, they mean 450 thousand. K=thousand in that sense.
K, in money, stands for thousand. So, 5K dollars is 5 thousand dollars.
K, in money, stands for thousand. So, 5K dollars is 5 thousand dollars.
$16,000. (Sixteen thousand dollars) "K" after a number is an abbreviation for thousand.
One thousand
10k is 10,000
It means thousand. $75K means $75,000. It came from kilo. Kilo means thousand.
two thousand k = kilo = 1,000 such as kilometre is 1,000 metres