Talk:Mill (currency)

message: I recall in my youth my grandfather showing me some mill paper stamps which had been used for tax purposes; I don't recall if it was state or Federal or more details, just that there were tangible items in the value of a mill. -- Infrogmation 17:10, 27 Sep 2003 (UTC)
replies: text: The U.S. dollar is divided into 100 cents. Originally, it was further divided into 1000 mills, a currency unit used until World War II made aluminum too expensive to be used for the coins (and rising inflation made them essentially worthless).
So, is it abstract or not?  Quincy 12:02, 9 Dec 2003 (UTC)

text: I can't imagine a context where simple common sense would fail to distinguish between $.001 and $1,000,000 Nik42 06:05, 14 December 2005 (UTC)

text: Probably for the same reason that other prices end in 9 cents.  If the price is given as $3.099, people think of it as "$3.09" instead of "$3.10". Nik42 09:47, 20 August 2006 (UTC)
replies: text: This is an important point, though, because it is now impossible to pay the 9/10ths of a cent for gas, so the companies round up.  This is not done with other prices ending in 9; they don't round $3.99 up to $4.00. This adds up to huge amounts of money, perhaps illegally.Theroguex (talk) 02:44, 4 December 2014 (UTC)

text: Concur.  "Inexpensive material such as ... aluminum, plastic ..." will soon be hard for anyone to appreciate without further explanation of the cheap energy that abounded in the early 20th century.Patent.drafter (talk) 01:24, 22 June 2008 (UTC)
thread_title: old talk

message: "mills" could redirect here too  —Preceding unsigned comment added by Orfintain (talk • contribs) 01:18, 13 December 2007 (UTC)
replies: text: But - what about watermills; sawmills; milling machines; etc ... ? Maybe a disambig would be better than a redirect?Patent.drafter (talk) 01:24, 22 June 2008 (UTC)
thread_title: incoming links

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thread_title: Fair use rationale for Image:MillToken.jpeg

message: 1000 Milliémes = £ 1  so mill < millieme Böri (talk) 12:40, 10 November 2010 (UTC)
thread_title:  Cyprus 

message: "Mill" also used in Turkish Cyprus before 1978. Böri (talk) 14:08, 15 February 2012 (UTC)
thread_title:  Northern Cyprus 

message: Removed the following paragraph
The act authorized the minting of mille coins, which were to contain 1.1 pennyweights (1.7 grams) of copper, but such a denomination was never minted, and the half cent (at 5 milles) was the smallest coin ever produced by the U.S. Mint.
That act did not provide for any mille coins. XinaNicole (talk) 07:45, 14 April 2012 (UTC)
thread_title:  Coinage Act 

message: I believe that a mil is 1000th of a dollar in Finance too.  I believe the Tradeworx reference has a typo in it and the whole section should be deleted.  Here is an NYU paper defining mils properly.  Quote: "The maximum charge is $0.003 (three mils) per executed share. "  http://pages.stern.nyu.edu/~jhasbrou/Teaching/2014%20Winter%20Markets/PDFHandouts/STTP15W.pdf
141.162.101.50 (talk) 19:11, 3 April 2014 (UTC)
replies: text: Before reading this talk page, I updated the text to reflect reality (1/10th of a cent rather than 1/00th) -- it seemed like a relatively urgent edit to prevent inaccurate information (as surfaced in the Google snippet for definition of Mill). The PDF I found that's a copy of the no-longer-available reference link concurs with my assessment. I agree that the section doesn't seem to add much and can be removed. Opaldraggy (talk) 03:12, 27 March 2023 (UTC)
thread_title:  Finance 

message: I am new to this, please excuse any blunders.  
IN the first sentence, I think it should read "now-obsolete" rather than "now-abstract" ?
110.174.79.47 (talk) 05:49, 26 April 2014 (UTC)
replies: text: It means that .001 units are frequently used in accounting, but there doesn't seem to be a currently-circulating 1 mill coin... AnonMoos (talk) 00:08, 27 April 2014 (UTC)
thread_title: 2014

message: and not appropriate for the intro of a general audience encyclopedia, imo  — Preceding unsigned comment added by 50.245.17.105 (talk) 15:45, 31 December 2015 (UTC)
replies: text: This is backward: mill here is a (mis)translation of milo.  Is it known that the owner of Rose Island ever used English?
The unit is unrelated to any other mill.  Esperanto milo means a group of a thousand, not a thousandth fraction (milono).  Esperantists have minted coins called spesmilo (a thousand spesoj).
One might also cut the section for obscurity.
By the way, are any (other) primary currency units named for a fractional number? —Tamfang (talk) 17:58, 1 May 2024 (UTC)
thread_title: notional is jargon=

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thread_title:  External links modified 

message: The symbol ₥ is indicated in the Unicode tables as an American symbol. Was it used anywhere else? If it was only used in the USA, it should be moved from the lead to the USA section. In any case, a source would be nice. Zerotalk 09:19, 6 July 2021 (UTC)
thread_title:  mill symbol 

message: :
This is backward: mill here is a (mis)translation of milo.  Is it known that the owner of Rose Island ever used English?
The unit is unrelated to any other mill.  Esperanto milo means a group of a thousand, not a thousandth fraction (milono).  Esperantists have minted coins called spesmilo (a thousand spesoj).
One might also cut the section for obscurity.
By the way, are any (other) primary currency units named for a fractional number? —Tamfang (talk) 17:58, 1 May 2024 (UTC)
thread_title:  Rose Island