In early America, “bit” was used for some Spanish and Mexican coins that circulated and were worth one-eighth of a peso, or about 12 and one-half cents.
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Two bits is an old slang term for 25 cents. It's based on the sense of the word bit that refers to one eighth of a U.S. dollar, or 12 ½ cents.
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A bit is 1/8 of a dollar or 12.5 cents. You can figure that out from context too. 2 bits, 4 bits, 6 bits, a dollar. In sequence that means they are ...
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In the US, a bit is equal to 12 1⁄2 cents hence a quarter is called two bits. But have you ever wondered how come “bit” became a designation of money?
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Coins were issued each denominated in two units, bits and cents, francs and cents, or francs and daler. Postage stamps were denominated in ... United States · Danish West Indies · United Kingdom...
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The money-related definition of two-bit makes its etymology obvious: it is derived from the noun phrase two bits. However, two bits is an interesting phrase ...
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23 Aug 2022 · The meaning of TWO BITS is the value of a quarter of a dollar. How to use two bits in a sentence.
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The coin could actually be cut into eight pie-shaped pieces called "bits." Each bit was worth twelve and a half cents in US currency. When the United States ...
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The short answer is that two bits in the U.S. is a quarter, or $.25. To understand why, we have to go back into American history and explain.
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Two-bit/two bits is slang for twenty-five cents which is not a lot of money by any stretch of the imagination. It also implies unimportant or inferior.
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So, in the U.S., two bits has routinely equaled about 25 cents, and four bits has typically been considered to be about 50 cents. In sequence, it therefore ...
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And so a coin worth a quarter of a dollar came to be known in English as “two bits.” Well, two bits isn't much money these days. Hasn't been for some time. So “ ...
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May 2, 2020 -- In early America, bit was used for some Spanish and Mexican coins that circulated and were worth about 12 and one-half cents. Hence, two bits ...
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4 Nov 2021 · The slang term “two bits” refers to a quarter. It's based on the meaning of the word bit, which is one eighth of a unit of measurement. Twelve ...
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"quarter," 1730, in reference to the Mexican real, a large coin that was divided into eight bits; see bit (n.1). Two bits would have equaled a quarter of the ...
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