1/100th of a dollar (4)

I believe the answer is:

cent

(Other definitions for cent that I've seen before include "1/100 of various currencies" , "One hundredth of a dollar" , "change from Colorado!" , "One-hundredth of the basic monetary unit" , "One-hundredth of the value of the basic unit" .)

I've seen this clue in the USA Today.

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