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What does bit mean?

Looking for the meaning or definition of the word bit? Here's what it means.

Noun
  1. A piece of metal placed in a horse's mouth and connected to the reins to direct the animal.
  2. A rotary cutting tool fitted to a drill, used to bore holes.
  3. (dated, Britain) A coin of a specified value. (Also formerly used for a nine-pence coin in the British Caribbean, and a fourpenny piece, or groat, in the British West Indies.)
  4. (obsolete, Canada) A ten-cent piece, dime.
  5. (US) An eighth of a dollar. Note that there is no coin minted worth 12.5 cents. (When this term first came into use, the Spanish 8 reales coin was widely used as a dollar equivalent, and thus the 1 real coin was equivalent to 12.5 cents.)
  6. (historical, US) In the southern and southwestern states, a small silver coin (such as the real) formerly current; commonly, one worth about 12½ cents; also, the sum of 12½ cents.
  7. A small amount of something.
  8. (informal) Specifically, a small amount of time.
  9. A portion of something.
  10. Somewhat; something, but not very great; also used like jot and whit to express the smallest degree.
  11. (slang) A prison sentence, especially a short one.
  12. An excerpt of material making up part of a show, comedy routine, etc.
  13. The part of a key which enters the lock and acts upon the bolt and tumblers.
  14. The cutting iron of a plane.
Adverb
  1. To a small extent; in a small amount (usually with "a").
Verb
  1. (transitive) To put a bridle upon; to put the bit in the mouth of (a horse).
Verb
  1. (informal in US, archaic in Britain) past participle of bite, bitten
Adjective
  1. (colloquial) bitten.
  2. (only in combination) Having been bitten.
Noun
  1. (mathematics) A binary digit, generally represented as a 1 or 0.
  2. (computing) The smallest unit of storage in a digital computer, consisting of a binary digit.
  3. (information theory, cryptography) Any datum that may take on one of exactly two values.
  4. (information theory) A unit of measure for information entropy.
  5. A microbitcoin, or a millionth of a bitcoin (0.000001 BTC).
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