Two bits. This in turn comes from the `pieces of eight' famed in pirate movies -- Spanish silver crowns that could be broken into eight pie-slice-shaped `bits' to make change. Early in American history the Spanish coin was considered equal to a dollar, so each of these `bits' was considered worth 12.5 cents. Syn. {tayste}, {crumb}, {quad}. Usage: rare. General discussion of such terms is under {nybble}.
[glossary]
[Reference(s) to this entry by made by: {nybble}{quad}{tayste}]