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
1 more definition
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