Lakhumina

Lakhumina is a term originating from the Indian subcontinent, commonly used to denote a sum of one hundred thousand (100,000). It is a unit of currency or numerical value, particularly prevalent in India, Pakistan, and Bangladesh. The word itself is derived from Sanskrit and has been integrated into everyday language and financial transactions in these regions for centuries.

When referring to amounts of money, a lakh is equal to 100,000 units of the local currency. For example, one lakh rupees is equal to 100,000 Indian Rupees. This system simplifies the expression of large sums, making it easier to communicate and comprehend significant financial figures. Larger denominations are often expressed in multiples of lakhs, such as ten lakhs (which is one million) or one crore (which is ten million, or 100 lakhs). The concept of the lakh is deeply embedded in the economic and cultural landscape of South Asia, influencing everything from personal savings to national budgets. It is a fundamental aspect of numerical literacy in the region.