Millicent
Millicent (noun) means one thousandth of a cent, a unit used in finance for pricing very small fractions, such as in securities or ad trading. Example: “Some online ad auctions settle bids down to a fraction of a millicent.”
How to use Millicent
Learner’s notesIn plain EnglishA tiny fraction of a cent, used mostly in large-scale financial or digital transactions.
Word forms
- Plural
- millicents
Fill the gap
Can you complete this real example?
Some online ad auctions settle bids down to a fraction of a _____.
Etymology
As a name, from Old French Melisende, ultimately from Germanic roots meaning roughly "strong worker." As a monetary unit, it is simply "milli-" plus "cent."