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In Australia, the "and" most definitely does not stand for a decimal point.
Also, Suzette's punctuation is the only acceptable way. >> i.e. $1,250.00
(One thousand, two hundred and fifty dollars) << with the comma after the
word thousand.
Judith
PS It could help this sort of discussion if we all said which country we are
from.
-----Original Message-----
From: Jan Boomsliter <boomah -at- CONCENTRIC -dot- NET>
>I believe that in the banking and financial worlds, when speaking or
writing the
>amount in words, the word "and" stands for the decimal point, e.g., "one
thousand
>two hundred fifty dollars and no cents," "one thousand two hundred fifty
dollars
>and fifty cents.
>
>"One thousand two hundred and fifty dollars" could be interpreted as "one
>thousand two hundred and 50/100 dollars, or $1,200.50.
>
>jb
>
>Suzette Seveny wrote:
>
>> Maybe this is why most legals documents and contracts spell out the
amount,
>> i.e. $1,250.00 (One thousand, two hundred and fifty dollars) to avoid
>> confusion.
