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*Kilo (symbol K or k) – Greek: khilioi.*
A multiplier indicating one thousand (1,000, or 1.0*10^3) of some unit. When used to indicate a number of bytes, the multiplier definition changes to 1,024.

Kilobyte (symbol KB or Kb)
A unit of information storage equal to 1,024 bytes. Typically, kilo is a multiplier indication one thousand (1,000) of some unit. However, when used to indicate a number of bytes of hard disk drive storage for example, the multiplier definition changes to 1,024. See: Kilo.