Definition of Per mille

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TeachMeFinance.com - explain Per mille




historic definition...

Per mille -- Per thousand. A premium or charge of 1 per mille is 1 on 1,000, which is equal to 1/10 of 1 per cent. For instance, if the Bank of France charges a premium of 1 per mille for gold the premium is 1 franc on every 1,000 francs of gold.


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