Definition from Wiktionary, the free dictionary
In original sense, a 5-cent US coin (a nickel); use for taxis and buses due to these services originally charging 5 cents as fare.
jitney (plural jitneys)
- A small bus or minibus which typically operates service on a fixed route, sometimes scheduled.
- An unlicensed taxi cab.
- A shared-ride taxi.
- (US, archaic) A small coin, a nickel.
- (in attributive use, US, archaic) Very inexpensive.
- (Can we clean up(+) this sense?) A fraudulent arrangement whereby a broker who has direct access to an exchange executes trades on behalf of a broker who doesn't.