half cent

noun
a bronze coin of the U.S., equal to one-half cent, issued at various periods between 1793 and 1857.

Origin:
1780–90, Americanism

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Example sentences
Fractions of one-half cent or more will be increased to the next whole cent.
Fractions of less than one-half cent will be dropped.
The budget calls for a one and half cent increase in the tax rate due mostly to increased pension costs.
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