What is the meaning of mill?

One-tenth of one cent. Some states use a' mill' rate to compute real estate taxes; for example, a rate of 52 mills would be $0. 052 tax for each dollar of assessed valuation of a property.

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APABarry Goldsmith. (2010). mill. Retrieved September 20, 2026, from http://smartdefine.org/mill/definitions/1158182
ChicagoBarry Goldsmith. 2010. "mill" http://smartdefine.org/mill/definitions/1158182 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, mill, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/mill/definitions/1158182>.
MLABarry Goldsmith. "mill" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/mill/definitions/1158182>
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