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quarter: n. Two bits. This in turn comes from the ‘pieces of eight’
famed in pirate movies — Spanish silver crowns that could be broken
into eight pie-slice-shaped ‘bits’ to make change. Early in
American history the Spanish coin was considered equal to a dollar, so each
of these ‘bits’ was considered worth 12.5 cents. Syn.
tayste, crumb,
quad. Usage: rare. General discussion of such
terms is under nybble.
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