What is the function of the dollar sign ($) when typing?

The dollar sign ($) serves a specific purpose in indicating monetary values when typed. By placing the dollar sign directly next to a number, it conveys that the figure is expressed in terms of currency, typically U.S. dollars in many contexts. This clarity is crucial in financial documents, accounting, and budgeting scenarios, as it helps to differentiate monetary amounts from other numerical figures that do not pertain to currency.

In professional and academic settings, the proper use of symbols, such as the dollar sign, enhances communication's accuracy. It provides immediate recognition of the value being discussed and minimizes potential confusion, especially in texts that include various numeric data. Thus, using the dollar sign next to a number is essential for clear and effective financial representation.