A crore ( /ˈkrɔər/; abbreviated cr; Hindi: करोड़, Nepali: करोड, Urdu: کروڑ) is a unit in the South Asian numbering system equal to ten million (10,000,000; 107), or 100 lakhs. It is widely used in India, Bangladesh, Nepal, and Pakistan.
The word is used in the title of the Indian version of the popular game show Who Wants to Be a Millionaire?, Kaun Banega Crorepati.
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Large amounts of money in India are often written in the form " 23 cr", that is, 23,00,00,000 rupees (230,000,000 in Western notation). Although lakhs are used in Sri Lanka, most Sri Lankans do not use the term crore when referring to money, but they use the word "koatiya" to indicate 100 lakhs or ten million.
Very large amounts of money are often written or spoken in terms of "lakh crore", e.g. one lakh crore rupees (or Rs.1 lakh cr) = Rs.(1,00,000 × 1,00,00,000) [written in full as Rs.10,00,00,00,00,000] = Rs.1 trillion (1,000,000,000,000) in Western notation) = 1012 rupees. This amount is also equal to ten "kharab" rupees according to the South Asian numbering system, but such terms are rare in common usage.
The term is used wherever large numbers are involved: e.g. India is a country with a population of over a hundred crores.
The word "crore" is derived from the Prakrit word krodi ,[1] denoting "ten million" in the Indian numbering system, which has separate terms for all powers of ten from 100 up to 1019. The crore is known by various regional names in modern languages, all derived from the Sanskrit word: koṭi.