-- "Two hundred and three thousandths" means' ' 2.003 '.
-- "Two hundred three thousandths" would mean ' 0.203 '.
How can you tell the difference?
The difference is the 'and'. "And" means 'decimal point'.
' 678 ' is read as "six hundred seventy eight", with no 'and'.
' 40.06 ' is read as 'forty and six hundredths'.
' 0.46 ' is read as ' forty-six hundredths'.