The salient point of a document, conversation, etc., that accurately summarizes it. Originated in Computer Science circles, from binary numbers, where the highest-order bit is worth more, numerically, than the rest of the bits put together.
Sue: I can't believe what an awful time I had with Rob! First we had to wait, like, FIVE minutes for a table, even though we had a reservation! Then we were sitting next to these people who were like so strange looking. Then I told him all my problems and he just got bored.
Jim: I think the higher-order bit here is that you're a bitch.
Jim: I think the higher-order bit here is that you're a bitch.
by highallthetime2 May 14, 2010
 Get the higher-order bitmug.
Get the higher-order bitmug. an uneven exchange or transaction,  two bits = 25 cents, four bits = 50 cents, six bits = 75 cents, 8 bits = one dollar.  These expressions were used early in the 20th Century to talk about low valued things.  Such as "He's got a two bit job."
by Arlan Holt March 29, 2004
 Get the four bits for a buckmug.
Get the four bits for a buckmug. by Mike McCarthy February 8, 2005
 Get the flip the bozo bitmug.
Get the flip the bozo bitmug. Like a pun, which is a play on words, "A Little Bit 'C.H.' " is a play on letters... If you were to spell 'bit' as B.I.T. and then add C.H. at the end of it, you get "B.I.T.C.H."  This is a sly, somewhat silly way to call someone a little bitch. You can even explain it by doing that... "You know, a little bit 'c.h.'?  ...A little "B.i.t.-- c.h.?"
by Ryan Leroy April 22, 2009
 Get the A little bit "C.H."mug.
Get the A little bit "C.H."mug. by Brian R45 November 21, 2007
 Get the two-bit hustlermug.
Get the two-bit hustlermug. by Kem my G July 12, 2017
 Get the little bit leave itmug.
Get the little bit leave itmug. by Mr.Dinoman July 15, 2017
 Get the OG Bacon Bitsmug.
Get the OG Bacon Bitsmug.