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What does lakh mean?

Looking for the meaning or definition of the word lakh? Here's what it means.

Numeral
  1. (India, Pakistan, Sri Lanka, Hong Kong) One hundred thousand; 100,000. Often used with units of money.
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Examples
Some 70 lakh children were being fed with ghoogri, a cooked meal of wheat and jaggery.
Over 11.85 lakh hectares, roughly 20 per cent of the wasteland in Madhya Pradesh, has been acquired for jatropha cultivation.
The most striking structure was the Faizal mosque, the second biggest in the world which allows one lakh people to offer namaz.
They bound and gagged the couple and put them in a room, before escaping with valuables worth around Rs 1 lakh.
On Sunday night, dacoits looted valuables worth over Rs 1 lakh from a house in Rajarajeshwari Nagar after assaulting the aged residents.
This group has the reputation of greening the Bangalore University campus with five lakh tree saplings.

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