What 'K' stands for? (Ex. we would like to offer you 12K or 15K.)

Dear all, Please let me know what 'K' stands for? (Ex. we would like to offer you 12K or 15K.)
regards

Hello Murali,
'K' stands for Kilo--but not in terms of the weight measure we-in India-are used to. Kilo also means 1,000 numerically.
So 12K means 12,000 [Rs or $ or whatever the currency is].
Basically it's an American term to denote salaries, since their counting is always in thousands--like 1,000, 10,000, 100,000 [we term this as 1 Lakh], 1,000,000-meaning 1 million [our term for this is 10 lakhs]....& so on.
Now this has become the global standard of terming salaries--thanks to the IT boom :-)
Rgds,
TS

An answer at rediff is quoted below
"3.K stands for 1000. 1k means 1000. it is derived from computer term kelobite.
Answered by gautam duttachowdhury, 15 Nov '07 10:39 pm"

k stands for kilo; kilo = 1000 units of base measurement in the metric system
1kilo meter= 1000 meters
1kilo gram= 1000 grams
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.

Dear Murali,
As you asked the mean of K. Here K stands for thousand. It starts from Y2K (Year 2000) problem in computer.
Regards,
Naresh Grover

my dear K stands for 1000
1k=1000
100k=1,00,000.
and
1Cr=1,00,00,000
and i want say one more word to u even some ppl dont know about this
1s=10
10s=100
very few ppl use this word.
thanks & regards
vemula sivamahesh

In roman script numbers are expressed as letters-
I for 1
II for 2
L for 50
Similarly
K for 1000
that means 12 K is 12000.
Its just a slang.

Dear Murali,
K is the short form for Kilo, means thousand. So 1 K = 1000. Didn't you hear about Y2K problem? It was year 2000. And the computer operators all over the world feared that all computers will crash or go wayward due to two digit years they have been programmed and year 2000 has two zeros as last two digits.
Regards,
Balakrishnan

Hi,
It is from a measuring system. Instead of writing 1000 we can write 103 or as ‘k’ (kilo). Before the computer term byte occupies the dictionary our peoples used both ‘K’ and ‘k’. In computer terms 1024 byte = 1 kilo byte. Hence these people used ‘K’. So for representing 10000 it must be 10 k and not 10 K.

K originally (in IT industry from where it has got famous) stands for 1024 bytes
(2 raised to power 10 = 1024 bytes), But in short is known as 1 Kilobytes.
Now 1024 is synonymous with 1000, and is used to denote 1000.
Originally Kilo has always meant 1000 i.e.
1 Kilo grams = 1000 grams
1 Kilo Litre = 1000 ml
1 Kilo meter = 1000 mts etc.
Anuraag