What is the origin of the word crore?
The word crore derives from the Prakrit term karod. This Prakrit root traces back to the Sanskrit word kura, which means a hundred thousand.
Questions about Crore
Short answers, pulled from the story.
How many units does one crore equal in value?
A single crore equals ten million units or 10 to the power of 7. International formats display this value as 10,000,000 with commas separating every three digits.
Which countries use the Indian numbering system name for ten million?
Officials and citizens across Bangladesh use the term crore daily for large sums. People in Bhutan apply the same terminology for official records and financial transactions. Citizens of India rely on crore for everything from government budgets to personal savings. Myanmar employs the concept despite using different script characters for writing numbers. Nepal and Pakistan also adopt crore as their standard unit for large monetary values.
How do you write one crore in the local Indian format?
The Indian numbering system places commas differently to group two digits after the first three. That specific format appears as 1,00,00,000 when written locally.
What is the relationship between crore and lakh?
One crore is mathematically equal to 100 lakh within that same system. Financial documents frequently abbreviate the word as cr to save space on printed pages.