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A dime is 10% of a dollar.
"dollar waiting on a dime" not a dime waiting on a dollar. The dime represents the lower pay scale job such as a receptionist or assistant. The dollar represents the manager level position or the higher pay scale position. This expression is used to reemphasize a hierarchy between two individuals (e.g. a dollar should never have to wait on a dime because a dollar is worth more).
a dollar.
it is one tenth of a dollar
In decimal terms, a dime is 0.1 dollars.