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The Collaborative International Dictionary
Bit my bit

Bit \Bit\ (Computers) [binary digit.]

  1. the smallest unit of information, equivalent to a choice between two alternatives, as yes or no; on or off.

  2. (Computers) the physical representation of a bit of information in a computer memory or a data storage medium. Within a computer circuit a bit may be represented by the state of a current or an electrical charge; in a magnetic storage medium it may be represented by the direction of magnetization; on a punched card or on paper tape it may be represented by the presence or absence of a hole at a particular point on the card or tape.

    Bit my bit, piecemeal.
    --Pope.