pfbob, I’m your sister-in-fin. I was just looking through my wallet last night and saw that I had a five. I thought, “ooh, I have a fin!” And then I got confuzzled and couldn’t remember which was which - a fin vs a sawbuck.
Now that I’m clear, I’m going to work on using them more often.
Not that I ever actually have $100 bills but rather than Franklins I usually hear them called Banjamins. “K” is also slang for $1000 (from the metric kilo-), as is “G” (short for grand).
quarter - 1/4 dollar
dime - from decimus meaning tenth
nickel - It is - or was - partially composed of nickel
penny - from Old English word meaning “coin”
I believe the Master has spoken on this, but in the old days (before paper money), people would have dollar coins. But few people would have smaller denomination coins. So you would just start cutting up the dollar coin into smaller pieces to make change.
And it was relatively simple to cut a coin into eight pieces (aka Pieces of Eight).
If you’ve got eight pieces (or bits), two of them would be $0.25
I see that Casey’s link does give a similar reason.
That’s what I heard in SoCal. I’m curious about “twamp,” as well, as I never heard it there.
Any such discussion of money nicknames would be incomplete without a few English slang words…now, most of them have been made obsolete by decimalization, but there are still a few good ones:
£1 - quid
£5 - fiver
£10 - tanner (or “tenner”)
£500 - monkey
£1,000 - grand (or “g,” as in “went down for 50 g’s”)
I understand them all except for “monkey,” which I find quite charming.