noun
Meaning 1
The monetary amount of ten cents.
Definition source: English Wiktionary via Wiktextract
Usage: US, historical
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
Phrase guide
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noun
The monetary amount of ten cents.
Definition source: English Wiktionary via Wiktextract
Usage: US, historical
No example sentence was provided for this meaning.
Synonyms: none provided
Antonyms: none provided
History
With the adoption of decimal US currency in 1794, there was no longer a US coin worth one eighth of a dollar, but two bits retained the meaning of one quarter dollar. Because there was no one-bit coin, a dime (10¢) was sometimes called a short bit and 15¢ a long bit.