I know it means thousand as in 25k but what does it really stand for?
2007-03-21 04:27:10 · 12 answers · asked by Rhonda P 1 in Business & Finance ➔ Personal Finance
K means thousand.
k actually stands for kilo eg, 1 kilogram = 1000 grams or 1 kilometer = 1000 meters.
2007-03-21 04:32:02 · answer #1 · answered by Faye H 6 · 2⤊ 0⤋
Thousands - The correct Roman numeral for 1,000 is M. I am not sure where the "K" originated, but it is in every day use to indicate x thousands of dollars - as in 25K for twenty-five thousand dollars.
2007-03-21 04:34:50 · answer #2 · answered by jim_elkins 5 · 0⤊ 0⤋
It stands for kilo, like in kilogrammes, where there are 3 zeros after the figure. For money, 25k would be $25000.
2007-03-21 04:55:51 · answer #3 · answered by calvin o 5 · 0⤊ 0⤋
Usually a 'K' is the symbol for $1,000.00 american. I could definatly could be wrong, but i think that K stands for 'Kilo", which is equal to one thousand units, hence Y2K (year 2-thousand), or even that one 'kilogram' is equal to one-thousand grams, and the same applies to dollars.
if the unit is 1 dollar, and you have one'K', than you have one-thousand dollars, or in your case, 25K= $25,000.00
2007-03-21 04:36:27 · answer #4 · answered by klynnnabb 1 · 1⤊ 0⤋
Not only in monetary terms, it is a widely used computer jargon - stands for thousand. 25k means 25,000/-
(Also, M would stand for a million)
2007-03-21 04:35:26 · answer #5 · answered by Anonymous · 0⤊ 0⤋
k means thousand so 25k means 25 thousand
2007-03-21 04:36:11 · answer #6 · answered by hz 2 · 0⤊ 1⤋
Kilo means thousand. So 25k is twentyfive kilo units (dollars, euros etc.)
2007-03-21 04:35:04 · answer #7 · answered by Swamy 7 · 0⤊ 1⤋
K stands for Kilo which stands for one thousand
2007-03-21 04:34:32 · answer #8 · answered by baby girl 5 · 0⤊ 1⤋
k stands for kilo or thousand
2007-03-21 04:36:11 · answer #9 · answered by math_prof 5 · 0⤊ 1⤋
k means kilo which means 1000
2007-03-21 04:34:15 · answer #10 · answered by BosCFA 5 · 1⤊ 1⤋