Yes, 500/1000 is a number equivalent to 1/2 in its simplest form
0.5.
Fourteen thousand nine hundred three and five hundred six thousandths is 14,903.506
Five hundred thousandths
506,300
Eight hundred five thousandths is 0.805.
0.503
Five hundred-thousandths
200.005 is two hundred and five thousandths.
Four and eight hundred forty five thousandths. Four and eight hundred forty five thousandths. Four and eight hundred forty five thousandths. Four and eight hundred forty five thousandths.
Five hundred forty-five and one hundred twenty-nine hundred-thousandths.
Four hundred five thousandths would be 0.405. Four-hundred and five-thousandths would be 400.005.
You write "Forty and five hundred sixty-seven thousandths" as 40.567. The whole number "Forty" is represented by 40, and "five hundred sixty-seven thousandths" indicates the decimal part, which is 0.567.