Green’s Dictionary of Slang

bite n.1

1. in context of a monetary sum, esp. when begged or borrowed.

(a) [late 16C] a sum of money.

(b) [18C+] (UK Und.) that which is cadged; a good bite, a complaisant victim.

(c) [mid-18C+] a cadger.

(d) [1900s] (US) a share of profits.

(e) [mid-19C++] an attempt to obtain a loan.

(f) [1930s+] (Aus.) an act of begging.

(g) [1930s+] (N.Z.) a miserly authority figure.

(h) [1940s+] (US) the price, the cost, a bill, esp. when the item is expensive.

(i) [1970s+] a bribe.

2. in context of cheating.

(a) [late 17C–19C] a cheat, a confidence trickster.

(b) [18C–1920s] a hoax, a confidence trick, a fraud.

3. [1970s] (US) an unpleasant surprise or experience, abbr. of bite in the ass.

In compounds

bite merchant (n.)

[1990s] (Aus.) a persistent cadger.

In phrases

put the bite on (v.) (also put the bite to, put the bite into)

1. to cheat.

2. [1930s+] (orig. Aus.) to extort, to blackmail, to force someone to do something they would rather avoid.

3. [1930s+] to solicit a loan or request the repayment of a debt.

4. [1940s–70s] (US) to beg.

5. [1960s] (US) to put the blame on.