Crore
From Wikipedia, the free encyclopedia
A crore (Devanagari: करोड़, Urdu alphabet: کروڑ) is a unit in the Indian numbering system, still widely used in Bangladesh, India, Maldives, Pakistan, and Sri Lanka. It was also used in Iran for many centuries until some decades ago.
An Indian crore is equal to 100 lakh or 10 million (107). An Iranian crore (کرور korur in Persian) is half a million (500,000).
The unit is also known as koti in the Bengali (Bengali: কোটি), Telugu, Kannada, Konkani and Marathi language speaking areas while kodi (Tamil : கோடி) is used in Tamil and Malayalam.
The Mumbai underworld slang for a crore is a khokha.
Note that Sri Lanka does not refer to the term crore when referring to money to terms in millions. Lakh is used quite commonly in Sri Lanka, but not crore.