5.08
There aren't any thousands. There are 5080 thousandths.
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In the number 5.08, the digit 5 is in the thousands place, so there is 5 thousand in 5.08. The decimal point separates the whole number part (5) from the decimal part (0.08). The digit 0 is in the hundreds place, the digit 8 is in the tenths place, and the digit 0 is in the hundredths place.
It equals one half: 0.5=1/2
Five hundred and sixty point zero eight, or five hundred and sixty and eight hundredths
When saying the number 0.125, you would say "nought" (or "zero") "point one two five".
One million eight hundred fifty thousand would be the same as one point eight five million.
5,800,000