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1.
A word to replace any amount of words to describe a small object without naming the actual object, just stating its something small.
We had alot of fun until he pulled out his tibit
by The Butt Raptor June 14, 2011
 
2.
food; mini bites; potato crips;

another word for snacks
I wanna munch on some tibits now.
by Angela Ho March 30, 2007