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1.
The 510 area code (eastern section of the San Francisco Bay Area: Oakland and surrounding area). "5" for nickle, "10" for dime.
Somebody from Oakland or Alameda County is "Reppin' the nickle and dime".
by Reese January 11, 2004
 
2.
to drain in small increments
They tried to nickle and dime them after the accident but they tried to switch companies.
by The Return of Light Joker August 02, 2010