Property coverage, which covers your rental property if you own rentals built for one to four families, as well as other private structures on your property (like a garage or shed), and personal property, like tools, appliances or furniture thatâs stored on the property or used by your tenants.
Freebase(0.00 / 0 votes)Rate this definition: Lac is the scarlet resinous secretion of a number of species of insects, namely some of the species of the genera Metatachardia, Laccifer, Tachordiella, Austrotacharidia, Afrotachardina, and Tachardina of the superfamily Coccoidea, of which the most commonly cultivated species is Kerria lacca.
A lakh (/ËlÃ¦k/ or /ËlÉËk/; abbreviated L; sometimes written Lac or Lacs) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 105). In the Indian convention of digit grouping, it is written as 1,00,000. For example, in India 150,000 rupees becomes 1.5 lakh rupees, written as â¹1,50,000 or INR 1,50,000. It is widely used both in official and other contexts in Bangladesh, India, Myanmar, Nepal, Pakistan, and Sri Lanka. It is often used in Indian, Pakistani, and Sri Lankan English.