Overview

lakh


'lakh' can also refer to...

 

More Like This

Show all results sharing these subjects:

  • Financial Institutions and Services
  • Accounting

GO

Show Summary Details

Quick Reference

In the Indian subcontinent, a unit of 105 (100,000), often used in citing sums of money. For example, twenty lakh Indian rupees = IRS 2 million. A hundred lakh make one crore (107 or 10,000,000). Separators are often used to indicate the number of lakh rather than the number of millions, so that e.g. 4.5 million (45 lakh) is written 45,00,000.

Subjects: Financial Institutions and Services — Accounting.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.