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"Bit" Definition:
A bit is a binary digit, taking a value of either 0 or 1. Binary digits are a basic unit of information storage and communication in digital computing and digital information theory. Information theory also often uses the natural digit, called either a nit or a nat. Quantum computing also uses qubits, a single piece of information with a probability of being true.
The bit is also a unit of measurement, the information capacity of one binary digit. It has the symbol bit, or b (see discussion below).
(This definition is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Bit".)
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