Crore (/krɔːr/; abbreviatedcr) denotes the quantityten million (107) and is equal to 100lakh in theIndian numbering system. In many international contexts, thedecimal 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.[1]
Crore is widely used both in official and other contexts in Afghanistan, Bangladesh,Bhutan, India, Myanmar, Nepal, and Pakistan.
The wordcrore derives from thePrakrit wordkroḍi, which in turn comes from theSanskritkoṭi (कोटि),[2] denoting ten million in theIndian number system, which has separate terms for most powers of ten from 100 up to 1019. Thecrore is known by various regional names.
Large amounts of money in India, Bangladesh, Nepal, and Pakistan are often written in terms ofcrore. For example 150,000,000 (one hundred and fifty million) rupees is written as "fifteencrorerupees", "₹ 15 crore".[1] In the abbreviated form, usage such as "₹ 15 cr" is common.[3]
Trillions (in theshort scale) of money are often written or spoken of in terms oflakh crore. For example,one trillion rupees is equivalent to: