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Cent (currency) A United States one-cent coin, also known as a penny. The cent is a monetary unit of many national currencies that equals ⁄100 of the basic monetary unit. Etymologically, the word cent derives from the Latin centum meaning ' hundred '. The cent sign is commonly a simple minuscule (lower case) letter c.
The dime, in United States usage, is a ten-cent coin, one tenth of a United States dollar, labeled formally as "one dime". The denomination was first authorized by the Coinage Act of 1792 . The dime is the smallest in diameter and is the thinnest of all U.S. coins currently minted for circulation, being 0.705 inches (17.91 millimeters) in ...
A bit is an antiquated term equal to one eighth of a dollar or 12 + 1 ⁄ 2 cents, after the Spanish 8-Real "piece of eight" coin on which the U.S. dollar was initially based. So "two bits" is twenty-five cents; similarly, "four bits" is fifty cents. More rare are "six bits" (75 cents) and "eight bits" meaning a dollar.
The mill ( American English) or mil ( Commonwealth English, except Canada) is a unit of currency, used in several countries as one-thousandth of the base unit. It is symbolized as ₥, the MILL SIGN character in Unicode. In the United States, it is a notional unit equivalent to a thousandth of a United States dollar (a hundredth of a dime or a ...
The United States dollar ( symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries.
Postage (or postal) currency was the first of five issues of US Post Office fractional paper money printed in 5-cent, 10-cent, 25-cent, and 50-cent denominations and issued from August 21, 1862, through May 27, 1863. [ 16] Spinner proposed using postage stamps, affixed to Treasury paper, [ 17] with his signature on the bottom (see illustration ...
Circulation denominations. There are six denominations of Canadian circulation coinage in production: 5¢, 10¢, 25¢, 50¢, $1, and $2. Officially they are each named according to their value (e.g. "10-cent piece"), but in practice only the 50-cent piece is known by that name. The three smallest coins are known by the traditional names "nickel ...
Design date. 1967. The New Zealand ten-cent coin is the lowest-denomination coin of the New Zealand dollar. The 10-cent coin was introduced when the New Zealand dollar was introduced on 10 July 1967, replacing the New Zealand shilling coin. In 2006 its size was reduced as part of a revision of New Zealand's coins, which also saw its alloy ...