A crore (/ˈkrɔər/; abbreviated cr) denotes ten million (10,000,000 or 107 in scientific notation) and is equals to 100 lakhs in the Indian numbering system. It is widely used in South Asia, and is written in this region as 1,00,00,000 with the local style of digit group separators (a lakh is equal to one hundred thousand and is written as 1,00,000).
Large amounts of money in India are often written in terms of crores. For example, 150,000,000 (one hundred fifty million) Indian rupees is written as 'fifteen crore rupees', '₹15 crore' or 'Rs 15 crore'.
Trillions (in the short scale) of ₹ are often written or spoken of in terms of lakh crore. For example, one trillion rupees is:
Lakh is also used in Sri Lanka; however, most Sri Lankans use the term koatiya (කෝටිය) or koti (கோடி) for crore when referring to money.
Etymology and regional variants
The word crore is a borrowing from Hindustani kărōṛ, krōṛ, from the Prakrit kroḍi, is in turn from the Sanskrit koṭi, denoting ten million in the Indian numbering system, which has separate terms for most powers of ten from 100 up to 1019. The crore is known by various regional names.