A lakh (; abbreviated L; sometimes written lac) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 105). In the Indian 2, 2, 3 convention of digit grouping, it is written as 1,00,000. For example, in India, 150,000 rupees becomes 1.5 lakh rupees, written as ₹1,50,000 or INR 1,50,000. It is widely used both in official and other contexts in Afghanistan, Bangladesh, Bhutan, India, Myanmar, Nepal, Pakistan, and Sri Lanka. It is often used in Bangladeshi, Indian, Pakistani, and Sri Lankan English.
Usage In Indian English, the word is used both as an attributive and non-attributive noun with either an unmarked or marked ("-s") plural, respectively. For example: "1 lakh people"; "lakhs of people"; "20 lakh rupees"; "lakhs of rupees". In the abbreviated form, usage such as "₹5L" or "₹5 lac" (for "5 lakh rupees") is common. In this system of numeration, 100 lakh is called one crore and is equal to 10 million. Formal written publications in English in India tend to use lakh and crore for Indian currency and Western numbering for foreign currencies, such as dollars and pounds.
Silver market The term is also used in the pricing of silver on the international precious metals market, where one lakh equals 100,000 troy ounces (3,110 kilograms) of silver.
Etymology and regional variants The modern word lakh derives from Sanskrit: लक्ष, romanized: lakṣa, originally denoting "mark, target, stake in gambling", but also used as the numeral for "100,000" in Gupta-era Classical Sanskrit (Yājñavalkya Smṛti, Harivaṃśa).
By language Assamese: লক্ষ lokhyo, or লাখ lakh Bengali: natively (tadbhava) known as লাখ lākh, though some use the ardha-tatsama লক্ষ lokkho. Bhojpuri: 𑂪𑂰𑂎 lākh Bishnupriya Manipuri: লাখ lākha Hindustani: (Hindi: लाख, Urdu: لاکھ) lākh Dhivehi: ލައްކަ lakka Gujarati: લાખ lākh Kannada: ಲಕ್ಷ lakṣha Kashmiri: لَچھ lachh Khasi: lak Malayalam: ലക്ഷം laksham Marathi: लाख/लक्ष lākh/laksha Meitei: ꯂꯥꯛ lāk Nepali: लाख lākh Odia: ଲକ୍ଷ låkhyå Punjabi: (Shahmukhi: لکھ, Gurmukhi: ਲੱਖ) lakkh Sanskrit: लक्ष lakṣa Sinhala: ලක්ෂ laksha Tamil: இலட்சம் latcham Telugu: లక్ష laksha
See also Crore (100 lakh, or 10 million) English numerals Myriad Names of large numbers
References
External links
IINRG, Ranchi. "Government Organisation". Archived from the original on 29 September 2018. Retrieved 22 February 2020.
