Lac

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Webster's Dictionary [1]

(1): ( n.) Alt. of Lakh

(2): ( n.) A resinous substance produced mainly on the banyan tree, but to some extent on other trees, by the Coccus lacca, a scale-shaped insect, the female of which fixes herself on the bark, and exudes from the margin of her body this resinous substance.

The Nuttall Encyclopedia [2]

A term employed in India for a hundred thousand, a crore amounting to 100 lacs, usually of money.

References