Definition

Ten million in Indian numbering system—that's 10,000,000 for those who count the Western way. Perfect for discussing mind-bogglingly large sums in South Asian finance without needing to count all those zeros.

Example Usage

The startup raised 50 crore rupees in Series A funding, which sounded impressive until they realized they'd burned through it in 18 months.

Source: Common Indian financial terminology

Related Terms

Intermediate

free cash flow

Cash from operations minus capital expenditures—the actual money left over after keeping the business running that can be used for dividends, buybacks, or acquisitions. It's the ultimate 'show me the money' metric that cuts through accounting games.

💰 Finance / Accounting
Intermediate

repossession

The involuntary repo-man experience of having your property taken back because you failed to pay for it—basically, the lender's way of saying 'thanks for the free use of our asset.' A financial term that makes both creditors and debtors deeply uncomfortable.

💰 Finance / Accounting
Beginner

Compound Interest

Interest earning interest on itself, which Einstein allegedly called the eighth wonder of the world, though he probably never had a credit card balance. It's magical when it works for you and absolutely devastating when it works against you.

💰 Finance / Accounting
Intermediate

haircut

A reduction in the stated value of an asset for the purpose of calculating capital requirements or collateral, because lenders assume you're overstating value (and they're usually right). Not to be confused with what you get at a barbershop, though both can be painful.

💰 Finance / Accounting
Intermediate

underwrite

To assume financial risk by guaranteeing payment or agreeing to buy unsold securities, essentially the business equivalent of being the backup friend who promises to buy all the unsold Girl Scout cookies. Investment banks underwrite stock offerings, insurance companies underwrite policies, and both pray they've done their math correctly. It's putting your money where someone else's mouth is.

💰 Finance / Accounting
Intermediate

Intangible Assets

Assets you can't touch but that supposedly have value—patents, trademarks, and management's optimism.

💰 Finance / Accounting

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See “crore” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.

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