The financial world uses "K" when referring to "per thousand dollars". Why is there such a difference in terms when they basically mean the same thing? K comes from the Greek world "kilo" which means one thousand and is used in metric / decimal systems. The corresponding prefix for one million is M.
Nov 3, 2020
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Jul 2, 2014 · Traditionally, M is used as the symbol for thousands and MM for millions in the business world, particularly in accounting. However, there has ...
Feb 22, 2024 · K is Greek for kilo meaning thousand, while M is the Roman numeral for thousand. M in Greek is short for mega meaning million, and mm is a ...
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 ...
Apr 10, 2019 · The letter k is the abbreviation for 1 thousand. The letter m is the abbreviation m is for a thousandth, the fraction. M is mega for million.
Nonetheless, if K is used for thousands, then according to the same convention M (mega) would be used for millions, and billions would be represented by G (giga) ...
Jul 7, 2003 · M is the Roman numeral for 1000. I think the "K" signifies 1000 in the metric system. Maybe herein lies the confusion. OK, brighter bulbs, ...
Technically speaking, the roman numeral "M" stands for one thousand. So "MM" = "thousand thousand," or million. These days it's a matter of preference as to ...
M is the Roman numeral for 1,000 but in the metric system M designates the prefix mega- which is a million. For example MW is a megawatt. On the other hand m ...