1911 Encyclopædia Britannica/Lakh

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LAKH (from the Sans. laksha, one hundred thousand), a term used in British India, in a colloquial sense to signify a lakh of rupees (written 1,00,000), which at the face value of the rupee would be worth £10,000, but now is worth only £6666. The term is also largely used in trade returns. A hundred lakhs make a crore.