Crore
Crore denotes the quantity ten million and is equal to 100 lakh in the Indian numbering system. In many international contexts, the decimal quantity is formatted as 10,000,000, but when used in the context of the Indian numbering system, the quantity is usually formatted 1,00,00,000.
Crore is widely used both in official and other contexts in Bangladesh, Bhutan, India, Myanmar, Nepal, and Pakistan. The next named numbers after it are arab, and kharab, although they are not widely used in the modern-day Indian subcontinent.
Etymology
The word crore derives from the Prakrit word, which in turn comes from the Sanskrit , denoting ten million in the Indian number system, which has separate terms for most powers of ten from 100 up to 1019. The crore is known by various regional names.Money
Large amounts of money in India, Bangladesh, Nepal, and Pakistan are often written in terms of crore. For example 150,000,000 rupees is written as "fifteen crore rupees", " 15 crore". In the abbreviated form, usage such as " 15 cr" is common.Trillions of money are often written or spoken of in terms of lakh crore. For example, one trillion rupees is equivalent to:
- 1 lakh crore
- 1012
- 10,00,00,00,00,000 in Indian notation
- 1,000,000,000,000 in metric notation