Mill (currency) facts for kids
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Missouri mill token
A mill, mil or mille is 1/10th of a US cent or 1/1000th of a US Dollar. In the United States, it is most used in gasoline prices. For example $4.119 per US gallon. $0.009 is equal to nine mils. It is also used when discussing taxes on land and prices of electricity.
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Mill (currency) Facts for Kids. Kiddle Encyclopedia.