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The Collaborative International Dictionary
Quill bit

Quill \Quill\, n. [Perhaps fr. F. quille ninepin (see Kayless); but cf. also G. kiel a quill. MHG. kil, and Ir. cuille a quill.]

  1. One of the large feathers of a bird's wing, or one of the rectrices of the tail; also, the stock of such a feather.

  2. A pen for writing made by sharpening and splitting the point or nib of the stock of a feather; as, history is the proper subject of his quill.
    --Sir H. Wotton.

  3. (Zo["o]l.)

    1. A spine of the hedgehog or porcupine.

    2. The pen of a squid. See Pen.

  4. (Mus.)

    1. The plectrum with which musicians strike the strings of certain instruments.

    2. The tube of a musical instrument.

      He touched the tender stops of various quills.
      --Milton.

  5. Something having the form of a quill; as:

    1. The fold or plain of a ruff.

    2. (Weaving) A spindle, or spool, as of reed or wood, upon which the thread for the woof is wound in a shuttle.

    3. (Mach.) A hollow spindle.

  6. (Pharm.) A roll of dried bark; as, a quill of cinnamon or of cinchona.

    Quill bit, a bit for boring resembling the half of a reed split lengthways and having its end sharpened like a gouge.

    Quill driver, one who works with a pen; a writer; a clerk.

    Quill nib, a small quill pen made to be used with a holder.
    --Simmonds.

Wiktionary
quill bit

n. A bit for bore, resembling half of a reed split lengthways and having its end sharpened like a gouge.