How Do You Spell PERMILLAGE?

Pronunciation: [pˈɜːmɪlɪd͡ʒ] (IPA)

The word "permillage" is a specialized term used in finance and economics, which refers to a measure of proportionality equal to one-tenth of a percent. The spelling of this word can be explained through the use of the International Phonetic Alphabet, where the first syllable is pronounced as /pɜːr/ (with the stressed vowel sound being similar to the word "her"), while the second syllable is pronounced as /mɪlɪdʒ/ (with the "i" sound being similar to the word "bit" and the final "ge" being pronounced like "j" sound).

PERMILLAGE Meaning and Definition

1. Permillage is a financial term used to express a proportion or percentage value as a per unit of one thousand. It is denoted by the symbol "‰" which resembles a percent sign (%) with an extra zero. Permillage is derived from the Latin word “per mille,” meaning "by a thousand."

   In practice, permillage is primarily used in finance and taxation to calculate various types of fees, taxes, or commissions. It indicates a fraction of one thousand, with each unit representing one-thousandth of the total. For example, a permillage rate of 2‰ indicates that for every 1,000 units of a certain value, there are 2 units attached to the fee or tax.

   Permillage is often employed in financial contexts where percentage values might be too small or require more precise calculations. It is particularly useful when dealing with large numbers or amounts. For instance, financial institutions might charge a permillage fee on large loans or investment transactions. Taxes and insurance premiums, particularly in certain countries, are also expressed in permillage rates.

   In summary, permillage is a numerical measure used to express proportionality on a scale of one thousand. It allows for fine-grained calculations involving large quantities or amounts, playing a significant role in finance, taxation, and other related domains.

Common Misspellings for PERMILLAGE

• oermillage
• lermillage
• 0ermillage
• pwrmillage
• psrmillage
• pdrmillage
• prrmillage
• p4rmillage
• p3rmillage
• peemillage
• pedmillage
• pefmillage
• petmillage
• pe5millage
• pe4millage
• pernillage
• perkillage
• perjillage
• permullage
• permjllage

Etymology of PERMILLAGE

The word "permillage" comes from the French term "pour mille", which means "per thousand". The French word "pour" means "for" and "mille" means "thousand". This term is used to represent a proportion or rate per thousand. In English, "permille" or "per mill" is commonly used, but "permillage" is also sometimes used as a synonym.

Plural form of PERMILLAGE is PERMILLAGES