noun
Millicent
MIH-lih-suhnt
noun
1
One thousandth of a cent, a unit used in finance for pricing very small fractions, such as in securities or ad trading.
"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
millicents plural
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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."