Common use of BIT Clause in Contracts

BIT. A unit of measure of information designated by a specific value (e.g., binary digit “0” or “1”). The speed at which the bits are transmitted (e.g., 2400 bps). A standard PC will have up to 4 communications ports but generally will only have COM1 and COM2 present as standard communications. This port can be used to connect a modem or any other communications device to the PC. In communications, a transmission path (usually both ways) between two or more points. In communications, a means of two-way communications between two or more points; usually metallic (e.g., telephone line) or fiber-optic.