Why is M used instead of K for thousand?

M is the Roman numeral for 1,000 but in the metric system M designates the prefix mega- which is a million. In the metric system lower case k designates kilo as in kg for kilogram, a thousand grams. Even here there is some ambiguity.

Why is a grand called K?

Grand is an English word instead and most number prefixes come from Latin or Greek. The K comes from prefix kilo, which means 1,000. The other common symbol for 1,000 is M, which is Roman numeral for 1,000. American slang also uses G which is from calling 1,000 a “grand.” Most used only when referring to money.

What does K and M mean in money?

The letter k is always used to mean 1000. The letter m is used to mean million.

What does K and M mean in numbers?

What does “K” or “M” behind numbers mean? On the Internet, 1K is used to represent 1 thousand and 10K is used to represent 10 thousand, similarly, 1M is used to represent 1 million. 1M = 1 Million (ie 10 Lakh)

Why is K 1000?

K comes from the Greek word kilo which means a thousand. The Greeks would likewise show million as M, short for Mega. So if we stay consistent with the Greek abbreviations, then billion would be shown as a letter G (Giga).

What is the full form of K in Thousand?

kilo
The SI prefix for a thousand units is “kilo-“, abbreviated to “k”—for instance, a kilometre or “km” is a thousand metres. In the SI writing style, a non-breaking space can be used as a thousands separator, i.e., to separate the digits of a number at every power of 1000.

How do you write K as a thousand?

The capital letter K is sometimes used informally to represent one thousand (dollars), especially in newspaper headlines. There is no space between the numeral and the letter K , as in 75 K . The letter K should not be used as an abbreviation for one thousand (dollars) in formal writing.

Why is the letter K used to represent 1000?

The letter “K” is used to represent 1000, because it represents the prefix “kilo,” which means 1000 of something in the metric system. For instance, kilogram means 1000 grams. The prefix “kilo” was taken from the Greek word chilioi or khilioi, which means thousand.

Why do we abbreviate thousands with the letter M?

As a young banker in the mid-80s, I learned what had been taught for many decades before, that we abbreviate thousands in our analysis with a letter M. If we wanted to denote millions, we would show that as MM. For this, we should credit the Romans. M is the Roman numeral for thousand and MM is meant to convey one thousand-thousand — or million.

Do you know what the ‘K’ stands for?

Soon enough, the whole world started using these words and further shortened it to just the Letter “K” to refer thousand. Till now, we all use the same words and letter K as an abbreviation for thousand. Similar: Do You Know What The ‘i’ Stands For In All Apple Products?

What does a small “K” and a capital m mean?

In my experience in Silicon Valley business, everyone understands a small “k” in dollar or euro figures to mean one thousand and a capital M to mean one million (one thousand thousand) when those notations are used in e-mail messages, PowerPoint presentations and similar everyday materials.