Others have already pretty much covered this, but just to give you a touch of clarification here:
SFP (Second Focal Plane) Scopes:
These represent the majority of scopes on the market, including almost all of the scopes you would buy at hunting stores, sporting goods stores, etc. In these scopes the reticle looks like it is the same size no matter what magnification level you are at. When you adjust the magnification the subject will appear to change size, but the reticle will appear to stay the same. As such, the mildots will cover a different portion of the target. And, because of that, you need to know what specific magnification your manufacturer used to make the mildots "correct" on target. This is usually the highest magnification setting, but not always. Check with your scope manufacturer!
FFP (First Focal Plane) Scopes:
These scopes aren't as common, and you'll likely know if you have one. With one of these scopes the reticle and the subject both appear to change size proportionally as you adjust the magnification power of the scope. As such, the mildots will continue to cover the exact same amount of the target as you zoom in and out. The reticle will appear to be smaller at low magnification, and larger at high magnification. In these scopes the mildot measurement is always consistent.