![]() The term mill is often used in finance, particularly in conjunction with equity market microstructure. With respect to property taxes, a "mil" is also slang for one million units of currency, especially as a rate expressed per mille "‰", as one million units of currency per milliard on the long scale of numeration, that is, 1,000,000 per 1,000,000,000 currency units of assessed valuation on all private property throughout the "mill yard" or property tax levy district. The term is often spelled "mil" when used in this context. Property taxes are also expressed in terms of mills per dollar assessed (a mill levy, known more widely in the US as a " mill rate"). The term is also commonly used when discussing stock prices, the issuance of founder's stock of a company, and cigarette taxes. However, the term "mill" is still used when discussing billing in the electric power industry as shorthand for the lengthier " 1⁄ 1000 of a dollar per kilowatt hour". There are also common occurrences of "half-cent" discounts on goods bought in quantity. Discount coupons, such as those for grocery items, usually include in their fine print a statement such as "Cash value less than 1⁄ 10 of 1 cent". ![]() For example, a gasoline price of $3.019 per gallon, if pronounced in full, would be "three dollars one and nine-tenths cents" or "three (point) zero⹀one⹀nine dollars". ![]() Today, most Americans would refer to fractions of a cent rather than mills, a term which is widely unknown. Virtually none were made after the 1960s. Rising inflation depreciated the value of these tokens in relation to the value of their constituent materials this depreciation led to their eventual abandonment. These were of inexpensive material such as tin, aluminium, plastic or paper. Tokens in this denomination were issued by some states and local governments (and by some private interests) for such uses as payment of sales tax. The mint of Philadelphia made half cents worth 5 mills each from 1793 to 1857. That the money of account of the United States shall be expressed in dollars or units, dismes or tenths, cents or hundredths, and milles or thousandths, a disme being the tenth part of a dollar, a cent the hundredth part of a dollar, a mille the thousandth part of a dollar, and that all accounts in the public offices and all proceedings in the courts of the United States shall be kept and had in conformity to this regulation. The Coinage Act of 1792 describes milles and other subdivisions of the dollar: Please remember it can take some time for your bank or credit card company to process and post the refund too.In the United States, the term was first used by the Continental Congress in 1786, being described as the "lowest money of account, of which 1000 shall be equal to the federal dollar". If approved, you’ll be automatically refunded on your original payment method. We will notify you once we’ve received and inspected your return, and let you know if the refund was approved or not. The fastest way to ensure you get what you want is to return the item you have, and once the return is accepted, make a separate purchase for the new item. Unfortunately, we cannot accept returns, exchanges, or process refunds on presale items, sale items, or gift cards. Please get in touch if you have questions or concerns about your specific item. We also do not accept returns for hazardous materials, flammable liquids, or gases. ![]() Please inspect your order upon reception and contact us immediately if the item is defective, damaged or if you receive the wrong item, so that we can evaluate the issue and make it right.Ĭertain types of items cannot be returned, like perishable goods (such as food, flowers, or plants), custom products (such as special orders or personalized items), and personal care goods (such as beauty products). You can always contact us for any return question at and issues Items sent back to us without first requesting a return will not be accepted. To start a return, you can contact us at If your return is accepted, we’ll send you a return shipping label, as well as instructions on how and where to send your package. You’ll also need the receipt or proof of purchase. To be eligible for a return, your item must be in the same condition that you received it, unworn or unused, with tags, and in its original packaging. The exception is on preordered items, which are not refundable or returnable. We have a 30-day return policy, which means you have 30 days after receiving your item to request a return. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |