noun
- plural of lakh; units of one hundred thousand, especially in Indian numbering systems
Usage: Indian English; financial
Examples
- The company reported profits of several lakhs this quarter.
- House prices in the city range from 50 lakhs to 2 crores.
- The government allocated 500 lakhs for the infrastructure project.
- His annual salary is 15 lakhs rupees.
- The charity raised 25 lakhs for flood relief.
- Property values have increased by lakhs in recent years.