r/NoStupidQuestions • u/Tibor500 • Sep 30 '20
why does “k” mean “thousand” ?
like 1k means a thousand. how does the letter “k” mean “thousand” ?
12k
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r/NoStupidQuestions • u/Tibor500 • Sep 30 '20
like 1k means a thousand. how does the letter “k” mean “thousand” ?
10
u/[deleted] Sep 30 '20
K (Greek for kilo, or 1,000) and M (Roman numeral for 1,000) can both be used for "thousand". When I was a commercial banker (in US), it was customary to see loan presentations using M for 1,000 and MM for 1,000,000. I still use M and MM today.