byte
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A bit is one binary unit - either a one or a zero. A byte contains 8 bits. (so for example a byte would look like "10011011") Half a byte (or 4 bits) is called a nibble, no kidding!
Electric multiple unit.
Case System Unit Form Factor
UTI stands for Unit Trust of India. UTI Bank has recently been renamed to AXIS bank.
It depends on what it is a bit of, as everything is relative, but the term usually refers to a small fractional unit. In time, a bit can be a few minutes from an hour, or an hour or two from a day. In American money, 25 cents is two bits, and 50 cents is four bits, meaning that a bit would be twelve and a half cents. The terms "two-bit" and "four-bit" are thus used in reference of other things to denote them as inconsequential. one bit is 12.5 cents.