"Two-bit" is a slang term that refers to something or someone that is considered to be of low quality, unimportant or insignificant. It's a derogatory term often used to describe people or things that are not worthy of respect or attention. There are several synonyms for "two-bit" which include "cheap", "inferior", "worthless", "substandard" and "low-grade". Additionally, "petty", "trivial", "insignificant", and "small-time" are also frequently used as synonyms for "two-bit". These words are often used interchangeably to describe something or someone that is considered to be of little value or importance. Overall, "two-bit" is a derisive term that is commonly used to criticize something or someone that is considered to be of little significance or merit.