CRORE (Hindustani karor), an Anglo-Indian term for a hundred lakhs or ten million. It is in common use for statistics of trade and especially coinage. In the days when the rupee was worth its face value of as. a crbre of rupees was exactly worth a million sterling, but now that the rupee is fixed at 15 to the i, a crore is only worth 666,666.
Note - this article incorporates content from Encyclopaedia Britannica, Eleventh Edition, (1910-1911)