A lakh (also spelled lac) is a unit in a traditional number system, still widely used in India, equal to a hundred thousand. A hundred lakh makes a crore.
This system of measurement also introduces separators into numbers in a different place than is common outside India. For example, 3 million (30 lakh) would be written as 30,00,000.
Last updated: 05-13-2005 07:56:04