Definitions from Wiktionary (bit bucket)

▸ noun:  (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.
▸ noun:  (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.
▸ verb:  (transitive, computing, humorous, slang) To delete.



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