bit

noun

1.
a small piece or quantity of something
Derived from:
bitty
3.
an indefinitely short time
4.
an instance of some kind
5.
piece of metal held in horse's mouth by reins and used to control the horse while riding
6.
a unit of measurement of information (from binary + digit); the amount of information in a system having two equiprobable states
7.
a small amount of solid food; a mouthful
8.
a small fragment
9.
a short performance that is part of a longer program
10.
the part of a key that enters a lock and lifts the tumblers
11.
the cutting part of a drill; usually pointed and threaded and is replaceable in a brace or bitstock or drill press