What does K mean in money?


When talking about money, the letter K after a number denotes thousands. 1K means $1,000 while 100K stands for $100,000. Both uppercase and lowercase K's are generally accepted and recognized.

The letter always follows the number. Sometimes the dollar sign is included, but it is not necessary. When discussing numbers that do not easily round to a thousand, use a decimal point with one number after the decimal. For example, $12,555 can be expressed as $12.5k.

The letter M is also used when discussing money. "MM" and "M" both stand for "million." Therefore, $30MM is thirty million dollars. When talking about millions of dollars, it is acceptable to use two decimal places ($30.58MM).

Q&A Related to "What does K mean in money?"
1. Determine your needs and level of risk tolerance. If you are 20 to 30 years old, you will have a higher tolerance for the ups and downs of the market than if you are nearing retirement
1. Speak with your Human Resources department or refer to your 401(k) handbook for information regarding time requirements for moving funds from your 401(k) Most 401(k) providers
it takes the place of three zeros; or 'thousand' 1k = $1,000.00.
Your best bet is to do a wire transfer int your Indian account. The fees (including mid-bank deduction fees, if any) would be maximum US$ 75.00 (typically expect US$ 35). The treasury
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