mill rate

mill rate
Tax applied to real property. Each mill represents $1 of tax assessment per $1000 of property value assessment.
See also mill

Black's law dictionary. . 1990.

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  • Mill Rate — The amount of tax payable per dollar of the assessed value of a property. The mill rate is based on mills ; as each mill is one thousandth of a currency unit, one mill is equivalent to one tenth of a cent or $0.001. Property tax in dollar terms… …   Investment dictionary

  • mill rate — Tax applied to real property. Each mill represents $1 of tax assessment per $1000 of property value assessment. See also mill …   Black's law dictionary

  • mill — One tenth of one cent: $0.001. A mill rate is used by many localities to compute property taxes. For example, some states levy a one time nonrecurring tax of two mills per dollar (0.2%) on the fair market value of all notes, bonds, and other… …   Law dictionary

  • Mill (currency) — The mill or mille (₥) (sometimes mil in the UK, when discussing property taxes in the United States, or previously in Cyprus and Malta) is a now abstract unit of currency used sometimes in accounting. In the United States, it is a notional unit… …   Wikipedia

  • mill — One tenth of one cent. Many states use a mill rate to compute property taxes. See mill rate …   Black's law dictionary

  • mill — One tenth of one cent. Many states use a mill rate to compute property taxes. See mill rate …   Black's law dictionary

  • Mill Valley Air Force Station — Part of Air Defense Command (ADC) Mount Tamalpais West Peak, Marin County, near …   Wikipedia

  • mill|age — «MIHL ihj», noun. a rate of taxation expressed in mills per dollar …   Useful english dictionary

  • Mill Valley, California — For the former settlement of this name, see Mill Valley, Calaveras County, California. City of Mill Valley   City   Throckmorton Ave. in downtown …   Wikipedia

  • Mill, John Stuart: Logic and metaphysics — J.S.Mill Logic and metaphysics John Skorupski ENLIGHTENMENT AND ROMANTICISM IN MILL’S PHILOSOPHY Mill’s importance as one of the major figures of nineteenth century politics and culture, and the current interest in him as a moral and political… …   History of philosophy

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