bit bucket , n :
(historical) A container for holding chad (“small punched-out pieces of paper”) from paper tape or punch cards used with teleprinters, early computers, and other machines; a chad box. (by extension, humorous, slang) The supposed place where bits (binary digits) go when they fall off the end of a register during a shift operation; the notional resting place of lost or missing digital information. bit bucket v (transitive, humorous, slang) To delete. Today is World Computer Literacy Day, which was launched by Indian company NIIT to encourage the development of computing skills, especially among women and children in India.
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