The expression "nickels and dimes" is used colloquially to denote small and insignificant amounts of money. It is spelled /ˈnɪkəlz ənd ˈdaɪmz/ in IPA phonetic transcription. The word "nickel" is pronounced /ˈnɪkəl/ and refers to a five-cent coin, and "dime" is pronounced /daɪm/ and refers to a ten-cent coin. The plural forms of each word are spelled with an "s" at the end, hence "nickels" and "dimes". Together, they form a common expression that has been in use for over a century.
The phrase "nickels and dimes" is an idiomatic expression often used in colloquial American English. It refers to small amounts of money or insignificant sums, typically used in the context of financial matters or costs.
In a literal sense, a nickel and a dime are both commonly used U.S. coins, with the nickel being worth 5 cents and the dime worth 10 cents. Thus, the term "nickels and dimes" metaphorically alludes to a minimalistic or meager form of financial value. It is often utilized to stress the importance of larger amounts or highlight the triviality of small ones.
When used as a verb, "to nickel and dime" refers to a practice in which someone is slowly or repeatedly charging small amounts for goods or services, usually adding up to a larger total over time. This can sometimes be seen as a deceptive or unfair business tactic.
Furthermore, the phrase can also be employed to describe the act of focusing on minor or unimportant details instead of considering the big picture or more significant aspects of a situation.
In a figurative sense, "nickels and dimes" suggests the concept of insignificance, whether in financial matters or in the broader context of life. It emphasizes the relative triviality of small denominations when compared to larger or more substantial quantities.