Each week we bring you a new, unique Aussie word.

two bob

1. old slang term for a florin or two shilling coin. Transferred to twenty cents after the introduction of decimal currency in 1966. Used in many colloquial expressions. To have two bob each way is to hedge your bets. If you're not the full two bob, then you're a bit slow. Something of little worth is not worth two bob. And your two bob's worth is an old Aussie version of the usual `two cents worth'.

2. a circular pattern made on the ground by driving a car in a tight circle at high speed and causing the rear wheels to skid; a doughnut.