MIT
n. countable C1 Advanced US //ˈɛˈmaɪˈti// mit
n. a very small amount of money or a tiny part of something. It is often used to describe a small but helpful contribution made by someone who is not rich.
n. a very small sum of money; a tiny or negligible amount. Often used figuratively to describe a modest contribution that represents a significant sacrifice by the giver.
Usage
Commonly appears in the idiomatic phrase 'widow's mite' or as a singular noun preceded by a possessive pronoun.