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 ?
"So the Miller tied the sails of the windmill together with a strong iron chain, and went down the hill with the basket on his arm.
"'And how have you been all the winter?' said the Miller.
"Alas!" cried the Miller, falling upon his knees, "spoil not all my good meal!
Then slowly the Miller arose to his feet, and slowly and unwillingly he untied the mouth of the bag, and slowly thrust his hands into the meal and began fumbling about with his arms buried to the elbows in the barley flour.
"But it's all-fired hot in summer, beggin' your pardon," Skiff Miller laughed.
"Yes, plenty of work," Miller blurted out impatiently.
Miss Miller looked at him a moment, and then, very placidly, "I wish YOU would stay with him!" she said.
But it seemed that both his audacity and his respect were lost upon Miss Daisy Miller. "I guess my mother won't go, after all," she said.
Miss Miller assumed the fourth vacant chair, which was that nearest the door, and around which the smallest of the children were assembled: to this inferior class I was called, and placed at the bottom of it.
"Silence!" ejaculated a voice; not that of Miss Miller, but one of the upper teachers, a little and dark personage, smartly dressed, but of somewhat morose aspect, who installed herself at the top of one table, while a more buxom lady presided at the other.
The Saxon hath saved both his purse and his hide, and the Miller has met his match.''
Miller set out with his companions, under guidance of the two Snakes, on the 10th of October; and much did it grieve the friends of that gentleman to see him thus wantonly casting himself loose upon savage life.