How Do You Spell PER MIL?

1. Per mil is a term used to denote a unit of measurement equal to one-thousandth. The term is derived from the Latin phrase "per mille," which translates to "per thousand." Per mil is often represented by the symbol ‰, which resembles a lowercase letter "p" with a shorter vertical line extending upward. It is primarily used to express ratios, rates, and proportions that are very small or rare, and can also be used to describe percentages that are divided by one thousand.

   In various contexts, per mil is employed to convey information about a specific quantity or fraction relative to a larger whole. For instance, it is frequently used in finance and investment to express the annualized return on investment, with one per mil representing a 0.1% return. Additionally, per mil is commonly used to indicate the alcohol content in beverages, with the per mil value representing the number of milliliters of pure alcohol per thousand milliliters of liquid.

   Per mil is a useful tool for expressing extremely small or precise measurements, allowing for more precise calculations and comparisons. Whether in financial calculations, scientific research, or statistical analysis, per mil plays a vital role in quantifying values that are at a minute scale or require meticulous representation.

Common Misspellings for PER MIL

The term "per mille" or "per mil" is derived from Latin.

The word "mille" means "thousand" in Latin. The prefix "per" means "by" or "for each". So, when "per" is combined with "mille", it forms "per mil", meaning "for each thousand" or "per thousand".

This term is commonly used to express small fractions or rates per thousand in various fields such as finance, statistics, and measurements. For example, when referencing an interest rate or a proportion, "per mil" signifies the value per one thousand.