Product Code Database
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 Indian rupee 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 English, Pakistani, and Sri Lankan English.
Formal written publications in English in India tend to use lakh/crore for Indian rupee and Western numbering for foreign currencies, such as dollars and Pound sterling. – 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."
|
|
