Meanings
Origin
With the adoption of decimal US currency in 1794, there was no longer a US coin worth one eighth of a dollar, but two bits retained the meaning of one quarter dollar. Because there was no one-bit coin, a dime (10¢) was sometimes called a short bit and 15¢ a long bit.
Full word history & related roots →Cite this entry
short bit. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/short%20bit
“short bit.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/short%20bit. Accessed November 3, 2026.
WatkinsX Dictionary, s.v. “short bit,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/short%20bit.
Source: short bit on Wiktionary, CC BY-SA 4.0.