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Bits, Bytes, and Words/Storage Units:

Each 0 or 1 in the binary system is called a bit abbreviation of binary digit. The bit is the basic unit for storing data in computer memory 0 means off, 1 means on. Notice that since a bit is always either on or off, a bit in computer memory is always storing some kind of data.

Since single bits by themselves cannot store all the number, letters, and special character (such as $ and %) that a computer must process, the bits are put together in a group called a byte (pronounced "bite"). There are usually 8 bits in a byte. Each byte usually represents one character of letter, digit, or special character.

Bit:

Abbreviation of binary digits (0 or 1), the smallest unit of data storage. One bit occupies one store location.

Byte:

A group of combination of 8 bits is called a byte. One byte can store one one character.

Word:

A complete word is a combination of one or more bytes handled together as a single unit for processing  and may thus be of 8, 16, 32, or 64 bits. The length of word varies from machine to machine but it predetermined for each machine. A computer reads and processes all the bites of the word at a time.

Storage Units:

Bit = 0,1
8 bits = Byte
1024 Bytes = 1 Kilobyte
1024 KB = 1 Megabyte
1024 MB = 1 Gigabyte
1024 GB = 1 Terabyte 

Capacity of  Memory:

Computer manufacturers express the capacity of memory and storage in terms of the number of bytes it can hold. The number of bytes can be expressed as kilobytes. Kilo represents 2 to the tenth power, or 1024. Kilobyte is abbreviated KB or simply K. (Sometimes K is used casually to mean 1000, as in "I earned 300$ last year"). A kilobyte is 1024 bytes. Thus, the memory of a 640K computer can store 640×1024 bytes. Memory capacity may also be expressed in tern of megabytes (1024×1024 bytes). One megabyte abbreviated MB, means roughly, one million bytes. With storage devices, manufacturers sometimes express memory amounts in terms of gigabytes (abbreviated GB) billions of bytes.

 

Relevant Articles:

Storage Ranking
Storages Locations and Addresses
Why More Bits
Fixed and Variable Word Length Storage
Bits, Bytes, and Words
Internal Memory Devices
External Memory Devices
Organizing and Accessing Stored Data
Types of Files
Processing Stored Data
 
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