https://www.merriam-webster.com/dictionary/centi-
Update: looked into this more and the "centi" part of the SI system comes from the Latin word "centum" which means 100, not 1/100. Definitely seems either usage is acceptable.
(They did the same for 1000 and 1/1000, deriving milli from Latin millum and kilo from Greek χίλιοι, but used Latin for both deca- and deci-, and used Greek for both giga- and micro. So far for consistency)
I don’t see how it follows that either usage is acceptable.
Edit: I don’t know why I even reached for an analogy, it’s exactly like saying hundred and hundredth are interchangeable.
Dictionaries are descriptive, not prescriptive. Language evolves.
The "centimillionaire" to describe wealth of $100+ million has been used for many years before this thread's article. Here's an old newspaper article about Enron from 2003: https://www.nytimes.com/2003/02/09/business/company-man-to-t...
>In one year, Mr. Lay has been transformed from a centimillionaire with huge stock holdings to a multimillionaire whose wealth is mostly tied up in hard-to-sell assets.
And some extra trivia... your "correction" and the followup replies is replaying Groundhog Day... e.g. 9 years ago : https://news.ycombinator.com/item?id=8319279
It’s a convention of the SI system that Latin prefixes are the fractional units, but that’s not a feature of the Latin words themselves.