from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. One hundred thousand, used especially of units of money.
from the GNU version of the Collaborative International Dictionary of English
- n. Same as lac, one hundred thousand.
from The Century Dictionary and Cyclopedia
- n. See lac.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. the cardinal number that is the fifth power of ten
I found this explanation at Wikipedia: ' The name may originate from the Sanskrit word laksha लक्ष, meaning "many" and referring to the soup's many ingredients; the word is also the origin of the Hindi term lakh'.
A lakh is a hundred thousand, and a krore ten million.
Note:  ` A lakh is a hundred thousand, and a crore is a hundred lakhs, or ten millions.
The Indian population in New Zealand is a little over one lakh, which is 2.6 per cent of the total population of the country.
Speaking to reporters after the meeting, KPCC president R V Deshpande and Opposition leader in the assembly, Siddaramaiah, said the members decided that the amount of Rs 75 lakh, which is now in a fixed deposit, would be given to the government to be utilized for constructing houses under various schemes.
No matter what happens to the money invested in MFs, after five years, the capital invested in the FD is going to net you Rs5 lakh, which is what you originally started out with.
Total loan under the scheme is Rs. 15 lakh, which is designed to meet all education expenses, including hostel fees and cost of books.
In 2007, the police had seized fake notes worth Rs 6.71 lakh, which is double of the amount recovered during 2006 (Rs 2.30 lakh).
DT Cinemas will also the issued the same number of shares ie 25.57 lakh, which is10 per cent equity dilution and also Rs20 crore in cash.
MUMBAI: Reliance Industries today said its top executives and directors, including Mukesh Ambani, have been allotted bonus shares totalling over 23.49 lakh, which is currently worth Rs 253 crore.