What a percentile is
The p-th percentile is the value below which about p% of the data falls. In a set of exam scores, a 90th percentile of 93 means about 90% of students scored 93 or less. The 50th percentile is the median, and the 25th and 75th percentiles are the lower and upper quartiles.
A percentile is always a value in the units of the data: a score, a price, a number of milliseconds. That is what separates it from a percentage, and from a percentile rank, which goes the other way.