Mite. A coin, current in Palestine, in the time of our Lord. Mark 12:41-44; Luke 21:1-4. It seems, in Palestine, to have been the smallest piece of money, (worth about one-fifth of a cent), being the half of the farthing, which was a coin of very low value. From St. Mark's explanation, "two mites, which make a farthing," Mark 12:42, it may, perhaps, be inferred that the farthing was the commoner coin.
More than 4,500 subjects and proper names are defined and analyzed with corresponding Scripture references. Bible students have used "Smith's Bible Dictionary" since its introduction in the 1880s, making it a trustworthy classic.Wikipedia
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