They also discovered that the oldest written record of the use of LOL in the contemporary meaning of Laughing Out Loud was from a message typed by Wayne Pearson in the 1980s, from the archives of Usenet.
But with rising income levels this needs to change. With inflow of Dollars, income level is now easily in the crore bracket. With American influence in most spheres in our life, the terms âgrand, million, billion, trillionâ are also fast becoming a part of our collective lingo. Note: A billion (bi meaning two) has twice as many zeros as a million, and a trillion (tri meaning three) has three times as many zeros as a million, etc. So now: One Lakh has 5 zeros. Ten Lakh or one Million has 6 zeros. 1 Crore or Ten Million has 7 zeros.
The word crore is derived from the Prakrit word krodi, denoting ten million in the Indian numbering system, which has separate terms for most powers of ten from 10 0 up to 10 19.he word crore is derived from the Prakrit word krodi, denoting ten million in the Indian numbering system, which has separate terms for most powers of ten from 10 0 up to 10 19.