Meaning of the word "fifty percent" in English

What does "fifty percent" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

fifty percent

US /ˈfɪfti pərˈsɛnt/
UK /ˈfɪfti pəˈsɛnt/

Phrase

half of something; 50 out of every 100

Example:
The company offered a fifty percent discount on all items.
About fifty percent of the population lives in urban areas.