Wikipedia
The K-index quantifies disturbances in the horizontal component of earth's magnetic field with an integer in the range 0–9 with 1 being calm and 5 or more indicating a geomagnetic storm. It is derived from the maximum fluctuations of horizontal components observed on a magnetometer during a three-hour interval. The label K comes from the German word Kennziffer meaning “characteristic digit”. The K-index was introduced by Julius Bartels in 1938.
The K-Index or George's Index is a measure of thunderstorm potential in meteorology. According to the National Weather Service, the index harnesses measurements such as "vertical temperature lapse rate, moisture content of the lower atmosphere, and the vertical extent of the moist layer." It was developed by the American meteorologist J.J. George, and published in the 1960 book Weather Forecasting for Aeronautics.