In the U.S, the bit is equal to 1/8 of a dollar or 12.5 cents. In the U.S., the "bit" as a designation for money dates from the colonial period, when the most common unit of currency used was the Spanish dollar, also known as "piece of eight", which was worth 8 Spanish silver reales. One eighth of a dollar or one silver real was one "bit".
With the adoption of the decimal U.S. currency in 1794, there was no longer a coin worth of a dollar but "two bits" remained in the bit and 15¢ a long bit.
Robert Louis Stevenson describes his experience with bits in Across the Plains, p. 144:1
In the Pacific States they have made a bolder push for complexity, and settle their affairs by a coin that no longer exists – the BIT, or old Mexican real. The supposed value of the bit is twelve and a half cents, eight to the dollar. When it comes to two bits, the quarter-dollar stands for the required amount. But how about an odd bit? The nearest coin to it is a dime, which is, short by a fifth. That, then, is called a SHORT bit. If you have one, you lay it triumphantly down, and save two and a half cents. But if you have not, and lay down a quarter, the bar-keeper or shopman calmly tenders you a dime by way of change; and thus you have paid what is called a LONG BIT, and lost two and a half cents, or even, by comparison with a short bit, five cents.
With the adoption of the decimal U.S. currency in 1794, there was no longer a coin worth of a dollar but "two bits" remained in the bit and 15¢ a long bit.
Robert Louis Stevenson describes his experience with bits in Across the Plains, p. 144:1
In the Pacific States they have made a bolder push for complexity, and settle their affairs by a coin that no longer exists – the BIT, or old Mexican real. The supposed value of the bit is twelve and a half cents, eight to the dollar. When it comes to two bits, the quarter-dollar stands for the required amount. But how about an odd bit? The nearest coin to it is a dime, which is, short by a fifth. That, then, is called a SHORT bit. If you have one, you lay it triumphantly down, and save two and a half cents. But if you have not, and lay down a quarter, the bar-keeper or shopman calmly tenders you a dime by way of change; and thus you have paid what is called a LONG BIT, and lost two and a half cents, or even, by comparison with a short bit, five cents.
by Cobruh October 23, 2014
by kha` May 17, 2004
"Are you gonna vote for class president?"
"No, I don't give two fucks about that shit."
"Do you at least give one fuck? "
"Yes."
"No, I don't give two fucks about that shit."
"Do you at least give one fuck? "
"Yes."
by Turd Flinger November 08, 2013
by Yagurl69 April 18, 2018
A persona that usually stems from a lack of self-identity, self-esteem, and/or cajones. The person is also usually a brown noser, as they try to please whomever they meet. In an effort to be accepted by the entire world, a "two faced" person will socially accomodate anyone they meet in an attempt to be popular and liked by everyone. More often than not, however, two faced bitches are usually covering up their assholism.
Sherry loved to be liked by everyone. There wasn't a person that she didn't meet that she could not be "friends" with. However, when her "friends" weren't around, she was a two faced bitch. "Damn, I fucking hate Janel; she's really a dirty cunt licking whore. Hey, I'm going shopping for Janel's birthday party on Friday, wanna help me pick something out for her?"
by rpunkboy September 14, 2007
The amount of alcohol any drunk driver will tell the police officer he/she has had, in response to the question "Have you been drinking tonight?"
by Jon (943) July 11, 2008
Kiddie speak for doing a poo, used so as to not to have them swearing and they're too young to use technical words like defecate.
Originates from rhyming slang, similarly number three is used for pee.
Originates from rhyming slang, similarly number three is used for pee.
by Jazpur September 09, 2011