four bits for a buck

an uneven exchange or transaction, two bits = 25 cents, four bits = 50 cents, six bits = 75 cents, 8 bits = one dollar. These expressions were used early in the 20th Century to talk about low valued things. Such as "He's got a two bit job."

He came out four bits for a buck on the deal.

by Arlan Holt March 29, 2004