mill


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Mill

1/1,000, or 10% of 1% of a measure. Mills are used in the calculation of property taxes. See also: Mill rate.

mill

One-tenth of one cent, or $0.001. Ad valorem (property) taxes are usually expressed in terms of a certain number of mills.A rate of 12.4 mills means that a property assessed for $100,000 would have ad valorem taxes of 12.4 (rate) 0.001 (mill) $100,000 (assessed value) for a tax of $1,240.

References in classic literature ?
Then Miss Mills benignantly dismissed me, saying, 'Go back to Dora
I was shown into a room upstairs, where Miss Mills and Dora were.
Miss Mills was very glad to see me, and very sorry her papa was not at home: though I thought we all bore that with fortitude.
Miss Mills was more than usually pensive when Dora, going to find her, brought her back; - I apprehend, because there was a tendency in what had passed to awaken the slumbering echoes in the caverns of Memory.
When, under cover of the night, I flew to Miss Mills, whom I saw by stealth in a back kitchen where there was a mangle, and implored Miss Mills to interpose between us and avert insanity.
When we cried, and made it up, and were so blest again, that the back kitchen, mangle and all, changed to Love's own temple, where we arranged a plan of correspondence through Miss Mills, always to comprehend at least one letter on each side every day!
Yes, Miss Mills lets me have a little room up stairs, and there I have my cat and bird, my piano and my posy pots, and live like a queen.
Crown wood is made available to Timmins area mills annually, but that does not mean that the mill holds a commitment for specific trees in a forest nor does it mean that the expected volume can be left and stored in the forest and allowed to accumulate year over year.
The mill itself is located close to a half modern, half wreck of a small village--which includes a luxury hotel with a first class restaurant.
One group will represent a mill owner, and the other group will represent laborers.
In dealing with textile workers, both the FWP interviewers and the interviewers for the Like A Family study were concerned with the transformation from a rural agrarian to an industrial mill village way of life, with the quality of life in the mill village, and with employee/employer relations.