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In the abbreviated form, usage such as "₹ 15 cr" is common. [3] Trillions (in the short scale) of money are often written or spoken of in terms of lakh crore. For example, one trillion rupees is equivalent to: ₹ 1 lakh crore ₹ 10 12 ₹ 10,00,00,00,00,000 in Indian notation ₹ 1,000,000,000,000 in metric notation
In Telugu, a lakh is called లక్ష lakṣha and a crore is called కోటి kōṭi. In Urdu, a lakh is called لاکھ lākh and a crore is called کروڑ karoṛ. A billion is called arab (ارب), and one hundred billion/arab is called a kharab (کھرب). Lakh has entered the Swahili language as "laki" and is in common use.
A lakh (/ l æ k, l ɑː k /; abbreviated L; sometimes written lac [1]) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 10 5). [ 1 ] [ 2 ] In the Indian 2, 2, 3 convention of digit grouping , it is written as 1,00,000. [ 3 ]
In the Indian subcontinent, it is common in Hindustani, as well as in both Indian and Pakistani English for large amounts of money to be discussed in lakhs and crores rather than in rupees. While they are not official denominations, they are drawn from the customary numerical system and are widely understood and utilised in the Indian ...
Lakh and crore are common enough to have entered Indian English. For number 0, Modern Standard Hindi is more inclined towards śūnya (a Sanskrit tatsama ) and Standard Urdu is more inclined towards sifr (borrowed from Arabic), while the native tadbhava -form is sunnā in Hindustani.
Large denominations of rupees are traditionally counted in lakhs, crores, arabs, kharabs, nils, padmas, shankhs, udpadhas, and anks. Terms beyond crore are not generally used in the context of money; for example, an amount would be called ₨ 1 lakh crore (equivalent to 1 trillion) instead of ₨ 10 kharab.
₹ 2 lakh Hindi [125] 1948 Chandralekha ₹ 30 lakh Tamil [126] 1952 Aan ₹ 35 lakh Hindi [127] 1953 Jhansi Ki Rani ₹60 lakh [128] 1957 Mother India ₹60 lakh [129] 1960 Mughal-e-Azam ₹ 1.5 crore [130] [131] 1975 Sholay ₹ 3 crore [132] 1980 Shaan ₹ 6 crore [133] 1983 Razia Sultan ₹7 crore [134] 1991 Ajooba ₹8 crore [135] Shanti ...
For example, if a person based in the US was corresponding with someone in India regarding a number, and the response included "5.5 Lakh", the US person may need to quickly look up this definition. The second link (assuming the merge happens) would be the definition of Lakh by Merriam-Webster, where the dictionary responds with a single page.