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“Two bits ” is an American term for 25 cents. It comes from the British slang “bit.” For example, a British person might say “a threepenny bit.” The slang was adopted in the American Southwest to refer to the old Mexican real, which was worth 12 1/2 cents.
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Word of the Dayrealpolitik:
realpolitik: political realism or practical politics.
Born on this dayOctober 22, 2014
1844 - Sarah Bernhardt
1919 - Doris Lessing
1929 - Lord (Michael) Birkett
1936 - Col. John Blashford-Snell
1938 - Christopher Lloyd
1938 - Sir Derek Jacobi
1943 - Catherine Deneuve
1952 - Jeff Goldblum