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Additional
Mill (currency)
English Wikipedia - The Free Encyclopedia
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Mill (currency)
The
mill
or
mille
() (sometimes
mil
in the
UK
, when discussing
property taxes
in the
United States
, or previously in
Cyprus
and
Malta
) is a now-abstract unit of
currency
used sometimes in
accounting
. In the United States, it is a notional unit equivalent to of a
United States dollar
(a tenth of a
cent
). In the
United Kingdom
it was proposed during the decades of discussion on the
decimalization of the pound
as a division of the
pound sterling
. Several other currencies used the mill, such as the
Maltese lira
.
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