Is K more than M in money?

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. An amount in the accounting and financial world shown as $14K would equate to $14,000.00.

linkedin.com - Is it K or M when referring to ""per thousand""? Here's the answer

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Have you noticed... that the print / mailing / marketing services world uses "M" in their pricing quotes while the financial world uses "K" and each one means "per thousand?

In the marketing and data world, "M" stands for per thousand records of data. In the print world, it would stand for per thousand sheets of paper, or other print functions like inserting, or completed print pieces. Many manufacturers also use "M" in their per unit pricing. M and MM are Roman numerals where M stands for "one thousand" and MM is intended to denote "one thousand thousands"or "one million". A quote for mailing services would commonly show as $ /M. For example, a cost quoted as $25/M would equate to $25 for every thousand pieces. It has its roots in the British Imperial System using Roman numerals and can also be referred to as USCS (US Customary System). CPM - Cost Per Thousand (M=1,000) - is a marketing advertising term referring to the cost usually referred to for internet pricing. For example, the cost of a Google or Facebook ad might show as $10 CPM, meaning $10 for every thousand times your ad appears. CPC means "cost per click".

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. An amount in the accounting and financial world shown as $14K would equate to $14,000.00. It is entirely possible when dealing with a vendor that both terms could be used in the same sentence: An example would be a marketing quote for 80,000 records of data for a list order or pertaining to a large print order:

$45/M x 80 = $3.6k ($3,600.00)

One answer I came across as to why some industries uses USCS and not metric is that when the industrial revolution happened, measurements were based on the imperial system and as time went on, it was too cost prohibitive to change. Industries dealing with science, technology or those with international business would likely use metric. Otherwise, I can't really find an answer as to why these two professions use different ways of of expressing "per thousand". Trust me though -- it makes a big difference when talking with various vendors for services. It's good to understand that these differences exist.

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How do you write 7 Lacs?

Note: We found that some people call it 7 lakhs or 7 lac, but the correct way to say it is 7 lakh (lakh without the trailing "s").

decimal.info - What is 7 lakh in numbers? - Decimal

What is 7 lakh in numbers?

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These are the questions we answer on this page: What is 7 lakh in numbers? How many zeros in 7 lakh? What is 7 lakh in words? How do you write and say 7 lakh? What is 7 lakh in million?First, note that lakh is part of the Indian number system where large numbers are written like this:= Crore= Lakh= Thousand= HundredWhen we enter 7 lakh into the format above, we get 7 lakh in numbers as follows:Did you notice how the Indian number system from right to left starts with three digits followed by a comma, but then larger numbers are in intervals of 2 digits? Below it is displayed in intervals of 3 digits like they do in America. As you can see, 7 lakh is the same as 0.7 million.How many zeros in 7 lakh? When we count the trailing zeros in 7 lakh above, we see that the answer is 5.What is 7 lakh in words? In other words, how do you write and say 7 lakh? Lakh (lac) is pronounced læk (sounds like: lack) and can be written out like this:Submit another amount of lakh that you want information about.Go here for the next amount of lakh on our list that we have information about.Note: We found that some people call it 7 lakhs or 7 lac, but the correct way to say it is 7 lakh (lakh without the trailing "s").

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