Bit (money)

Bit (money)

The word bit is a colloquial expression referring to specific coins in various coinages throughout the world. In the United States, the bit is equal to 1/8th of a dollar or 12.5 cents.

Read more about Bit (money):  United Kingdom and Commonwealth Countries, United States, Danish West Indies

Famous quotes containing the word bit:

    This dog and man at first were friends;
    But when a pique began,
    The dog, to gain some private ends,
    Went mad and bit the man.
    Oliver Goldsmith (1730?–1774)