[USMA:31643] Money

[john mercer]

Hello everyone. I was watching t v last night.  they were talking about money. They were talking about $50000 and used the term 50 k. i hope this isn't a stupid question but is the term k a slang term for multiples of $1000? I hope you don't laugh at me but does k mean kilodollars? I have only heard the term recently. My wife was reading me some house adds in our local paper for houses a few months ago and one of the adds had the price for the house in k's. Thank you very much for your time. John Mercer.