What does pennies on the dollar mean?

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I have always heard it in movies but they move on too fast for me to process it.

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36 Answers

Anonymous 0 Comments

You buy a candy bar for $1. I offer you 5 cents for it.

5 pennies for one dollar.

Commonly this is talking about real estate. A house is valued at $500,000 for example and someone offers you $50,000.

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