Crores definitions
| Word backwards | serorc |
|---|---|
| Part of speech | noun |
| Syllabic division | cro-res |
| Plural | The plural of the word crore is crores. |
| Total letters | 6 |
| Vogais (2) | o,e |
| Consonants (3) | c,r,s |
One term often used in the Indian numbering system is crores. In this system, one crore is equal to ten million, or 10,000,000. This term is commonly used in financial contexts when dealing with large sums of money.
Understanding Crores
In the Indian numbering system, numbers are grouped into sets of two digits. For example, 12,34,56,789 would be read as "twelve crore, thirty-four lakh, fifty-six thousand, seven hundred and eighty-nine." Notice that 'crore' is used to represent ten million in this context.
Large Financial Transactions
When discussing large sums of money in India, the term crore is frequently utilized. For instance, a company may report their revenue in crores, meaning they have generated millions of rupees. Real estate transactions and government budgets are also commonly expressed in crores.
Symbolic Representation
In written form, the symbol for crore is 'Cr'. This symbol is often used in financial documents, reports, and official correspondence to indicate the presence of crores. It efficiently communicates large numbers to readers and helps avoid confusion.
Overall, crores are an essential part of the Indian numbering system, particularly in financial and economic contexts. Understanding this term is crucial for conducting business, analyzing financial data, and comprehending the scale of large transactions.
Crores Examples
- The company's revenue crossed one hundred crores last quarter.
- The construction project is estimated to cost several crores of rupees.
- The film grossed over fifty crores at the box office.
- The charity fundraiser aims to raise a few crores for a noble cause.
- The real estate developer invested crores in developing luxury condos.
- The government allocated crores for improving the city's infrastructure.
- The startup secured funding worth several crores from venture capitalists.
- The political party spent crores on advertising campaigns for the election.
- The billionaire entrepreneur donated crores to charity organizations.
- The premium car manufacturer sold cars worth crores to high-net-worth individuals.