Lakh

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A lakh (Template:IPAc-en; abbreviated L; sometimes written lac[1]) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 105).[1][2] In the Indian 2, 2, 3 convention of digit grouping, it is written as 1,00,000.[3] For example, in India, 150,000 rupees becomes 1.5 lakh rupees, written as Template:INR1,50,000 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 "Template:INR5L" or "Template:INR5 lac" (for "5 lakh rupees") is common.[4] In this system of numeration, 100 lakh is called one crore[3] 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.[5]

Silver market

The term is also used in the pricing of silver on the international precious metals market, where one lakh equals Script error: No such module "convert". of silver.[6][7]

Etymology and regional variants

The modern word lakh derives from Template:Langx, originally denoting "mark, target, stake in gambling", but also used as the numeral for "100,000" in Gupta-era Classical Sanskrit (Yājñavalkya Smṛti, Harivaṃśa).[8]

By language
  • Assamese: Script error: No such module "Lang". lokhyo, or Script error: No such module "Lang". lakh
  • Bengali: natively (tadbhava) known as Script error: No such module "Lang". lākh, though some use the ardha-tatsama Script error: No such module "Lang". lokkho.
  • Bhojpuri: 𑂪𑂰𑂎 lākh
  • Hindustani: (Hindi: Script error: No such module "Lang"., Urdu: Script error: No such module "Lang".) lākh
  • Dhivehi: Script error: No such module "Lang". lakka
  • Gujarati: Script error: No such module "Lang". lākh
  • Kannada: Script error: No such module "Lang". lakṣha
  • Kashmiri: Script error: No such module "Lang". lachh
  • Khasi: Script error: No such module "Lang".
  • Malayalam: Script error: No such module "Lang". laksham
  • Marathi: Script error: No such module "Lang". lākh/laksha
  • Meitei: ꯂꯥꯛ lāk
  • Nepali: Script error: No such module "Lang". lākh
  • Odia: Script error: No such module "Lang". låkhyå
  • Punjabi: (Shahmukhi: Script error: No such module "Lang"., Gurmukhi: Script error: No such module "Lang".) lakkh
  • Sanskrit: Script error: No such module "Lang". Script error: No such module "lang".
  • Sinhala: Script error: No such module "Lang". Script error: No such module "lang".
  • Tamil: Script error: No such module "Lang". latcham
  • Telugu: Script error: No such module "Lang". laksha

See also

References

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  5. Script error: No such module "citation/CS1". – Shapiro is/was an OED employee. The article states: "The opinions and other information contained in the OED blog posts and comments do not necessarily reflect the opinions or positions of Oxford University Press."
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External links

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