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Lakh

A lakh (/læk, lɑːk/; abbreviated L; sometimes written lac[1]) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 105).[1][2] In the Indian 2,2,3 convention of digit grouping, it is written as 1,00,000.[3] 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.

Usage

In Indian English, the word is used both as an attributive and non-attributive noun with either an unmarked or marked ("-s") plural, respectively. For example: "1 lakh people"; "lakhs of people"; "20 lakh rupees"; "lakhs of rupees". In the abbreviated form, usage such as "5L" or "5 lac" (for "5 lakh rupees") is common.[4] In this system of numeration, 100 lakh is called one crore[3] and is equal to 10 million.

Silver market

The term is also used in the pricing of silver on the international precious metals market, where one lakh equals 100,000 troy ounces (3,100 kilograms) of silver.[5][6]

Etymology and regional variants

The modern word lakh derives from Sanskrit: लक्ष, romanizedlakṣa, originally denoting "mark, target, stake in gambling", but also used as the numeral for "100,000" in Gupta-era Classical Sanskrit (Yājñavalkya Smṛti, Harivaṃśa).[7]

Another possible etymology comes from the root word for the lac bug, used to produce shellac. The word lakh is a unit in the Indian numbering system for 100,000 and presumably refers to the large number of insects that swarm on host trees, up to 150 per square inch (23/cm2).[8]

  • In Assamese: লক্ষ lokhyo, or লাখ lakh
  • In Bengali: natively (tadbhava) known as লাখ lākh, though some use the ardha-tatsama লক্ষ lokkho.
  • In Hindi: लाख lākh
  • In Dhivehi: ލައްކަ la'kha
  • In Gujarati: લાખ lākh
  • In Kannada: ಲಕ್ಷ lakṣha
  • In Kashmiri: لَچھ lachh
  • In Khasi: lak
  • In Malayalam: ലക്ഷം laksham
  • In Marathi: लाख / लक्ष lākh/laksha
  • In Meitei: ꯂꯥꯛ lāk
  • In Nepali: लाख lākh
  • In Odia: ଲକ୍ଷ lôkhyô
  • In Punjabi: (Shahmukhi: لکھ, Gurmukhi: ਲੱਖ) lakkh
  • In Sinhala: ලක්ෂ lakṣa
  • In Tamil: இலட்சம் latcham
  • In Telugu: లక్ష lakṣha
  • In Urdu: لاکھ lākh

See also

References

  1. ^ a b Rowlett, Russ (15 December 2008) [1998]. "lakh". How Many? A Dictionary of Units of Measurement. University of North Carolina at Chapel Hill. from the original on 2 July 2016. Retrieved 29 August 2016.
  2. ^ "lakh". Oxford English Dictionary (1st ed.). Oxford University Press. 1933.
  3. ^ a b Chisholm, Hugh, ed. (1911). "Lakh" . Encyclopædia Britannica. Vol. 16 (11th ed.). Cambridge University Press. p. 94.
  4. ^ Posamentier, Alfred S.; Poole, Peter (23 March 2020). Understanding Mathematics Through Problem Solving. World Scientific. ISBN 978-981-4663-69-4.
  5. ^ Gilkes, Paul (3 July 2017). "CME Group/Thomson Reuters step down from executing the London silver fix". Retrieved 5 July 2017.
  6. ^ . perthmint.com.au. Archived from the original on 24 September 2015. Retrieved 6 September 2015.
  7. ^ Turner, Sir Ralph Lilley (1985). "lakṣá10881". "lakṣhá 10881" in: A Comparative Dictionary of the Indo-Aryan Languages. London: Oxford University Press, 1962-1966. Includes three supplements, published 1969-1985. Digital South Asia Library, a project of the Center for Research Libraries and the University of Chicago. p. 629. Archived from the original on 15 December 2012. Retrieved 22 August 2010. lakṣh masculine "stake, prize" R̥igved, "mark, sign" Mahābhārat, "100,000" Yājñavalkya, "aim" Kālidās]
  8. ^ Berenbaum, May (1993). Ninety-nine More Maggots, Mites, and Munchers. University of Illinois Press. p. 27. ISBN 978-0-252-02016-2.

External links

  • IINRG, Ranchi. . Archived from the original on 29 September 2018. Retrieved 22 February 2020.

lakh, lakh, ɑː, abbreviated, sometimes, written, unit, indian, numbering, system, equal, hundred, thousand, scientific, notation, indian, convention, digit, grouping, written, example, india, rupees, becomes, lakh, rupees, written, widely, used, both, official. A lakh l ae k l ɑː k abbreviated L sometimes written lac 1 is a unit in the Indian numbering system equal to one hundred thousand 100 000 scientific notation 105 1 2 In the Indian 2 2 3 convention of digit grouping it is written as 1 00 000 3 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 Contents 1 Usage 1 1 Silver market 2 Etymology and regional variants 3 See also 4 References 5 External linksUsage EditIn Indian English the word is used both as an attributive and non attributive noun with either an unmarked or marked s plural respectively For example 1 lakh people lakhs of people 20 lakh rupees lakhs of rupees In the abbreviated form usage such as 5L or 5 lac for 5 lakh rupees is common 4 In this system of numeration 100 lakh is called one crore 3 and is equal to 10 million Silver market Edit The term is also used in the pricing of silver on the international precious metals market where one lakh equals 100 000 troy ounces 3 100 kilograms of silver 5 6 Etymology and regional variants EditThe modern word lakh derives from Sanskrit लक ष romanized lakṣa originally denoting mark target stake in gambling but also used as the numeral for 100 000 in Gupta era Classical Sanskrit Yajnavalkya Smṛti Harivaṃsa 7 Another possible etymology comes from the root word for the lac bug used to produce shellac The word lakh is a unit in the Indian numbering system for 100 000 and presumably refers to the large number of insects that swarm on host trees up to 150 per square inch 23 cm2 8 In Assamese লক ষ lokhyo or ল খ lakh In Bengali natively tadbhava known as ল খ lakh though some use the ardha tatsama লক ষ lokkho In Hindi ल ख lakh In Dhivehi ލ އ ކ la kha In Gujarati લ ખ lakh In Kannada ಲಕ ಷ lakṣha In Kashmiri ل چھ lachh In Khasi lak In Malayalam ലക ഷ laksham In Marathi ल ख लक ष lakh laksha In Meitei ꯂ ꯛ lak In Nepali ल ख lakh In Odia ଲକ ଷ lokhyo In Punjabi Shahmukhi لکھ Gurmukhi ਲ ਖ lakkh In Sinhala ලක ෂ lakṣa In Tamil இலட சம latcham In Telugu లక ష lakṣha In Urdu لاکھ lakhSee also EditCrore English numerals Myriad Names of large numbersReferences Edit a b Rowlett Russ 15 December 2008 1998 lakh How Many A Dictionary of Units of Measurement University of North Carolina at Chapel Hill Archived from the original on 2 July 2016 Retrieved 29 August 2016 lakh Oxford English Dictionary 1st ed Oxford University Press 1933 a b Chisholm Hugh ed 1911 Lakh Encyclopaedia Britannica Vol 16 11th ed Cambridge University Press p 94 Posamentier Alfred S Poole Peter 23 March 2020 Understanding Mathematics Through Problem Solving World Scientific ISBN 978 981 4663 69 4 Gilkes Paul 3 July 2017 CME Group Thomson Reuters step down from executing the London silver fix Retrieved 5 July 2017 Units of Measure perthmint com au Archived from the original on 24 September 2015 Retrieved 6 September 2015 Turner Sir Ralph Lilley 1985 lakṣa10881 lakṣha 10881 in A Comparative Dictionary of the Indo Aryan Languages London Oxford University Press 1962 1966 Includes three supplements published 1969 1985 Digital South Asia Library a project of the Center for Research Libraries and the University of Chicago p 629 Archived from the original on 15 December 2012 Retrieved 22 August 2010 lakṣh masculine stake prize R igved mark sign Mahabharat 100 000 Yajnavalkya aim Kalidas Berenbaum May 1993 Ninety nine More Maggots Mites and Munchers University of Illinois Press p 27 ISBN 978 0 252 02016 2 External links Edit Look up lakh in Wiktionary the free dictionary IINRG Ranchi Government Organisation Archived from the original on 29 September 2018 Retrieved 22 February 2020 Retrieved from https en wikipedia org w index php title Lakh amp oldid 1118614156, wikipedia, wiki, book, books, library,

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