Is it million M or K?
Traditionally, M is used as the symbol for thousands and MM for millions in the business world, particularly in accounting. However, there has been a growing tendency to use K as the symbol for thousands instead of M.
What does M or K mean?
If you also have this thing in your mind and you do not know about them then this post is for you. 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 does M mean 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. In the language of computer science K is 210 = 1024.
What is the abbreviation for $10000?
“10K.” Abbreviations.com. STANDS4 LLC, 2021. Web.
Is M for million capitalized?
These three abbreviations are based on three different languages, ie, ‘k’ stands for kilo (a thousand in classical Greek), ‘m’ stands for mille (a thousand in classical Latin) and ‘M’ is the abbreviation for the English word million and is capitalized to distinguish it from ‘m’, a thousandth.
What does NM mean?
not much
Nm is internet slang for not much or nevermind.
What does M mean in text slang?
On online dating sites and in classified advertisements, M typically means “Male” or “Married.” For example: Lady Pink: Tell me about yourself. Ram Rod: Straight, M, no kids.
What is meant by K in rupees?
1kilo liter= 1000 mili liters. 1k rupee= 1000 rupees. The kilo prefix is derived from the Greek word χίλιοι (“chilioi”), meaning thousand. It was originally adopted by Antoine Lavoisier and his group in 1795, and introduced into the metric system in France with its establishment in 1799.
What does M mean in numbers?
M is the Roman numeral for thousand and MM is meant to convey one thousand-thousand — or million. To take it further; one billion would be shown as $1MMM or one-thousand million. The Greeks would likewise show million as M, short for Mega.
What is the meaning of 1.2 K?
So in the social media platform, 1k used to represent 1000 and the M is used to represent Lakh. So maybe you know M means Millions and K Means Thousand. If you guys are using Facebook, Instagram, YouTube, so there you can see some K and M like 1.2k 1.1k 1 k 1m so what is that actually means.
What does nm mean in finance?
not meaningful
Financial Terms By: n. NM. Abbreviation for “not meaningful”.
What does ‘k’ mean in terms of money?
“K” in money means a thousand. In Mathematics, Kilo means thousand, thus, the letter K. For example, 5K money basically just means five thousand (5,000).
What does K stand for in thousand?
Actually, “K” is the symbol for kelvin, the unit of thermodynamic temperature in the International System of Units (SI). Lower case “k” is the symbol for kilo-, the prefix meaning one thousand in the SI.
Why does the letter “K” stand for thousand?
It is not the capital letter “K” that stands for “kilo” (thousand), but the small letter “k.” The capital “K” stands for “Kelvin” as in “degrees Kelvin.”. We use “k” to represent thousands because it comes from the Greek word for one thousand: χίλια (HEEL-ya).
What is the proper abbreviation for 1 million dollars?
The standard Accounting abbreviation is “MM”, which is short for “Milli Milli” – a thousand thousand, meaning a million. What is the proper abbreviation for 1 million dollars? The standard financial abbreviation for million is MM, e.g. $300 MM.