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Decimalisation
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=== Representing amounts of money === Amounts of money are sometimes described in a decimalised way. For example, the letter K (standing for [[kilo-]]) can be used to indicate that a sum of money ought to be multiplied by 1,000 i.e. $250k means $250,000. The letters M or MM can be used to indicate that a sum of money should be multiplied by a million i.e. $3.5M means $3,500,000. The letter B similarly stands for a billion.<ref>{{Cite web |author=<!--Staff Writer--> |date=2015-08-04 |title=What Does K Mean in Money? |url=https://www.reference.com/business-finance/k-mean-money-498ebfaace06af |access-date=2022-09-20 |website=Reference.com |language=en-US}}</ref><ref>{{Cite web |date=2021-07-06 |title=Billion Abbreviation: How to Abbreviate Billion |url=https://capitalizemytitle.com/how-to-abbreviate-billion/ |access-date=2022-09-20 |website=Capitalize My Title |language=en-US}}</ref>
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