# Decimal point

- Canonical URL: https://www.gerhardmerk.de/decimal-point
- Post ID: 590077
- Modified: 2023-07-25T21:01:46+00:00
- Language: en

## Definition

In Europe, decimal places in monetary amounts are usually separated by commas, while in the USA they are separated by decimal points. - To avoid misunderstandings, central banks regularly place a gap between thousands and hundreds - the same applies to millions and thousands. Experience has shown that the dot, which is popular in German banking practice, can easily lead to misinterpretations and, as a result, to sometimes protracted legal disputes. In Switzerland, the apostrophe (quotation mark) is customary for this purpose, i.e. for three thousand francs: 3,000 CHF. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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