/ · 1894 Brewer’s · L · Lac of Rupees
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The nominal value of the Indian rupee is 2s., and a lac means 100,000. At this estimate, a lac of rupees=200,000s. or £10,000. Its present value varies according to the market value of silver. In 1894 between 13 and 14 pence.
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Entry taken from Dictionary of Phrase and Fable, edited by the Rev. E. Cobham Brewer, LL.D. and revised in 1895.
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