Bit
Bit stands for "binary digit" and is the smallest binary information unit in the computer environment. It is the basis for all larger data units in digital technology and can have the binary value 1 or 0. Binary numbers represent exactly two states: 1 for "on/true" and 0 for "off/false". Computers use these binary numbers to communicate. We primarily encounter bits in data consumption and transmission speeds of internet, telephone or streaming services. The bit rate shows how many bits, i.e. data units, are transmitted per second. There are different bit multiples, e.g. the kilobit, the megabit and also the gigabit, for displaying data units and amounts during transmission and storage.