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- DictionaryTwo-bit/ˈto͞o ˌbit/
adjective
- 1. insignificant, cheap, or worthless: informal North American "some two-bit town"
Nov 6, 2023 · Linking "Two Bits" and the Quarter. Based on the Spanish dollar being worth eight bits or reales, early Americans called: 1 bit = 12.5 cents. 2 bits = 25 cents (a quarter dollar) 4 bits = 50 cents (a half dollar) So "two bits" became shorthand for a quarter, the handiest 25 cent piece. Some examples of "two bits" in early American writings:
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two bits: [noun, plural in form but singular or plural in construction] the value of a quarter of a dollar.
Two bits definition: twenty-five cents.. See examples of TWO BITS used in a sentence.
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Where did 'two bits' come from?
The term “two-bit” originally referred to a quarter, which was worth two bits or pieces of eight. As time passed, the meaning of “two-bit” evolved from simply referring to a quarter to describing something cheap or low-quality. This shift in meaning can be attributed to the fact that quarters were frequently used for small purchases ...
TWO BITS meaning: 1. 25 cents 2. 25 cents. Learn more.
Jun 5, 2020 · two bits (n.)"quarter dollar," 1730, in reference to the Mexican real, a large coin that was divided into eight bits; see bit (n.1). Compare piece of eight (under piece (n.1)). Two bits thus would have equaled a quarter of the coin. Hence two-bit (adj.) "cheap, tawdry," first recorded 1929.
In 1904, two new currency denominations were introduced: the bit and francs which were overlaid on the old cent and daler denominations. The four units were related as 5 bits = 1 cent, 100 bits = 20 cents = 1 franc, 100 cents = 5 francs = 1 daler. Coins were issued each denominated in two units, bits and cents, francs and cents, or francs and ...