dime

A dime is worth 10 cents. 

People use dimes to pay you back if you require change.

10 dimes is equal to 1.00 (1 American dollar)


nickle

A nickle is worth 5 cents.  This is used during the giving or receiving of change/coins.

20 nickles is equal to 1 American dollar (also seen as 1.00)


penny

A coin used to buy items or get paid money you are owed.  This coin represents 1 cent.

Example: Someone gives you 100 pennies.  This is equal to 1 American dollar also seen as 1.00


quarter

A coin worth 25 cents.

People give you quarters if you are owed change. You can also pay with quarters, for example in a vending machine to buy a drink.

4 quarters (4 x 25) is equal to 1.00 (1 American dollar)