LAKHS Meaning and
Definition
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"Lakhs" is a term commonly used in the Indian subcontinent to denote a large number or quantity. In the context of numbers, it specifically represents the value of 100,000 or one hundred thousand. The word "lakh" itself is derived from the Sanskrit word "laksha," meaning 'a hundred thousand.' The term holds significance in Indian numbering system as it plays a crucial role in denoting large sums of money, population figures, or quantities.
In numerical terms, a lakh is equivalent to 1,00,000 or 10^5. It is often used when referring to financial matters, such as stating the amount of money in Indian rupees. For instance, if someone says they earned five lakhs, it means they earned 500,000 rupees. Similarly, if there is a news report stating a population of 50 lakhs in a particular city, it signifies a population of 5 million.
The use of "lakhs" as a unit of measurement helps simplify large numbers, presenting them in a more comprehensible format. Moreover, it finds immense usage in a variety of sectors including finance, economics, and demographics, ensuring consistency and ease of understanding while dealing with significant figures.
Common Misspellings for LAKHS
Etymology of LAKHS
The word "lakh" is derived from the Sanskrit word "लक्ष" (lakṣa), which means "a hundred thousand". Sanskrit is an ancient Indo-Aryan language and one of the earliest recorded languages in human history. The term "lakh" found its way into several languages, including Hindi, Gujarati, Bengali, Marathi, and Urdu, due to the linguistic influence of Sanskrit in ancient India. It is conventionally used in the Indian subcontinent to denote the numeral 100,000.
Similar spelling words for LAKHS
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