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What (who) is Lakh - definition
UNIT IN THE INDIAN NUMBERING SYSTEM EQUAL TO 100,000 (WRITTEN AS 1,00,000 IN THE INDIAN DIGIT GROUPING CONVENTION)
Lakhs; Lahk; Lakh-; 1,00,000
lakh
[lak, l?:k]
(also lac)
¦ noun Indian a hundred thousand.
Origin
via Hindi from Sanskrit lak?a.
Lakh
·noun ·same·as Lac, one hundred thousand.
II. Lakh ·noun One hundred thousand; also, a vaguely great number; as, a lac of rupees.
Lakh
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.
Wikipedia
Lakh
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.
Examples of use of Lakh
1. Water discharge at Kalabagh is 2.70 lakh cusecs and it would remain between 2.70 lakh cusecs to 3.10 lakh cusecs during next 24 hours while at Chashma it would recede from 3.0 lakh cusecs and would be between 2.60 lakh cusecs to 3.0 lakh cusecs during next 24 hours.
2. Water discharge would also rise at Kalabagh to 3.50 lakh to 4.0 lakh cusecs during next 24 hours from 3.4' lakh cusecs.
3. You can take a cover of either Rs 2 lakh or Rs 3 lakh.
4. At Sukkur, it is likely to rise from present level of 4.53 lakh cusecs to 4.55 lakh to 5.00 lakh cusecs during next 24 hours.
5. "Till September, we expect sales to hover around the 1.65 lakh–1.7 lakh.