I’ll be explaining why a thousand dollars are called a grand.
Why is a thousand dollars called a grand?
A thousand dollars is called a grand for a few different reasons possibly:
- It could be the phrase “a grand sum of money” which meant 1K
- The English word ‘grand’ comes from the French grand and meant ‘large’ or ‘great.
- It comes from a $1,000 banknote with the portrait of former 18th president of the United States Ulysses Grant
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