What does k mean in money?
When we talk about money, it’s important to understand that there are two different but related concepts. There’s the concept of money itself, and the concept of what money can buy. Put another way, the ‘k’ in money refers to the purchasing power of a dollar
What does k mean in money laundering?
The term “k” is used in financial transactions to indicate that the money being sent is the result of illegal activities. For example, if you sell drugs on the black market, you will use “k” money as a way to transfer the money you receive to your bank account. Money laundering is the process of making illegal money look like it is coming from a legal source. It is very common for criminals to use money laundering to fund their criminal activities.
What does k mean in dollar?
The term “k” in money, when used in the context of finance, refers to the number of dollars in an investment. If you have $100,000 in a mutual fund, that fund is worth $100,000. However, if the value of the fund drops by 10% that year, then your $100,000 is now worth $90,000. If you invested $100,000 in a new technology company that was projected to make $1 million in revenues
What does k mean in Japan?
The most common way to express money in Japan is in ichiban, the equivalent of one hundredth of a yen. It’s a great way to say “a little bit” when you don’t want to sound too negative about a sum. For example, the price of a meal or drink in Japan is often displayed as the price in ichiban. If you’re given a price as お値残り500円
What does k mean in Spanish?
The Latin word for “k” is quinientos. It’s a number used in counting, and it refers to the number one hundred. When speaking about money, the symbol “k” can also refer to one thousand. So, if you’re looking at a receipt and notice a number with the letter “k” next to it, that number refers to one thousand dollars.