|
|
|
|
|
by eesmith
998 days ago
|
|
I thought the smallest unit in the US was the mill. https://en.wikipedia.org/wiki/Mill_(currency) > https://www.law.cornell.edu/uscode/text/31/5101 says "United States money is expressed in dollars, dimes or tenths, cents or hundreths,[1] and mills or thousandths. A dime is a tenth of a dollar, a cent is a hundredth of a dollar, and a mill is a thousandth of a dollar." > [1] So in original. Probably should be “hundredths,”. About the only time you see values given in mills is with gas prices, like $4.999/gal, though often denoted as tenths of a cent. It's also indirectly used in property taxes. |
|