Does K stand for $1000? K comes form the Greek kilo which means a thousand. In the metric system lower case k designates kilo as in kg for kilogram, a thousand grams. Even here there is some ambiguity.3 days ago
What is G and K in money?
And you would be correct, thanks to the Greeks. K comes from the Greek word kilo which means a thousand. ... So if we stay consistent with the Greek abbreviations, then billion would be shown as a letter G (Giga). Think of your computer expressing bytes of memory as kilobyte, megabyte or gigabyte.