What is a Kilodollar?

Whats a kilodollar?? and can someone help me with this question::

If I could deposit one kilodollar into my bank account by how much value would my account increase?

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  • Anonymous
    1 decade ago
    Favorite Answer

    the prefix kilo- means 1000. a kilo of anything is 1000 of it. E.g. kilogram, kilometer, kilodollar.

  • 1 decade ago

    Kilo means thousand and when you say a kilodollar it means 1 thousand dollar. Your bank account increase by 1 thousand dollar when you deposit 1 kilodollar.

    But kilo is not used in monetary transactions, it is used in distance (kilometer), weight (kilogram), amount of energy (kilocalories), etc.

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