What does “K” mean in terms of money
In finance, the letter “K” is often used as a shorthand to represent thousands. For example, “50K” would mean $50,000 and “100K” would mean $100,000. The capitalization of the “K” is used to indicate thousands, lowercase “k” is used to indicate thousands of dollars in some context, like salary. It’s also commonly used in stocks, earning reports, and other financial contexts to represent thousands or millions of dollars. For example, a company’s revenue may be…