A unit of information equal to 1024 gibibits or 2^40 (1,099,511,627,776) bits(noun)
WordNet. Princeton University. 2010.
Use "tibit" in a sentence
"That's just an extra tibit for the media to exploit."
"Hopefully GRRM might have some tibit coming out of Fincon which is today right?"
"Hell if Coakley had a published nude layout like Brown did, don't you know the cons (and their pals in the liberal media) would have broadcast that little tibit 24/7."