Fifty cents. (One "bit" equals 12.5 cents.) Geez, when I was in school, a soft pretzel only cost four-bits!
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.
n. fifty cents. (A bit is equal to twelve and one-half cents.) Here’s four-bits. Keep the change.
McGraw-Hill's Dictionary of American Slang and Colloquial Expressions Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved.