Mill (currency)

The mill or mille(₥) (sometimes mil in the UK, Cyprus and Malta, or when discussing property taxes in the United States) is a now abstract unit of currency used sometimes in accounting. In the United States, it is equivalent to 1/1000 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 1/1000th division of the pound sterling. Several other currencies used the mill, such as the Maltese lira.
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