This is the word for an British coin (no longer used) equal to ¼ of an old British penny. The word comes from “fourthing.”
In the King James Bible, this old English word is the translation of 2 Greek words in the Gospel According to Matthew. Most modern translations use the word “cent.”
Greek: ἀσσαρίου —transliteration: assarion, i.e., a small as, a low value coin
The Roman name for this coin was assarius.
(see: MITE—for relative value and information about the widow and the “2 mites”)