Because it's one-fourth, or a quarter, of a dollar.
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a quarter (I think there was a coin called a quarter)
Quarter.
"Quarter" means 1/4 (one-fourth). 25 cents is 1/4 a dollar, so it's a "quarter dollar", or just "quarter" for short.
In my case, close to 0, since I do not live in a country that has quarters. In countries that do have a coin that is called a quarter, the answer depends on the desire of people to flip coins.
An eighth. 1/8 In monetary terms, there used to be a coin which was worth 1/2 of a quarter or 1/8 of a dollar. It was referred to as a 'bit', hence the phrase "two bits" meaning the 25 cent coin or quarter.