(BInary digiT) The smallest element of computer storage. It is a single digit in a binary number (0 or 1). The bit is physically a transistor or capacitor in a memory cell, a magnetic domain on disk or tape, a reflective spot on optical media or a high or low voltage pulsing through a circuit.

Bits for Transmission
Bits are widely used as a measurement for network transmission. One hundred megabits per second means that 100 million pulses are transmitted per second.

Bytes for Storage
Groups of bits make up storage units in the computer, called "characters," "bytes," or "words," which are manipulated as a group. The most common is the byte, made up of eight bits and equivalent to one alphanumeric character. Measurements for storage components, such as disks, files and databases, are given in bytes rather than bits. See space/time.