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two bits

noun, (used with a singular or plural verb) Slang.
twenty-five cents.
Origin of two bits
1720-30, Americanism Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2016.
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Word Origin and History for two bits

"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 coin. Hence two-bit (adj.) "cheap, tawdry," first recorded 1929. Cf. piece of eight; see piece (n.)).

Online Etymology Dictionary, © 2010 Douglas Harper
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Slang definitions & phrases for two bits

two bits

noun phrase

A quarter; twenty-five cents

[1730+; fr the quarter part of a Mexican real, which had eight bits]

The Dictionary of American Slang, Fourth Edition by Barbara Ann Kipfer, PhD. and Robert L. Chapman, Ph.D.
Copyright (C) 2007 by HarperCollins Publishers.
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Idioms and Phrases with two bits

two bits

see under for two cents
The American Heritage® Idioms Dictionary
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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