split bit
n.— Note: “Bit” is well-established slang meaning “prison term.” «Under the state laws that govern sentencing, grand larceny is considered a non-violent crime, and it carries no mandatory minimum prison or jail sentence. In similar cases, judges often impose sentences that carry a combination of six months” county jail time and five years” probation—an arrangement that’s commonly known as a “split bit.”» —“Prosecutors, judge disagree on sentence for Montgomery cop Barber” Times Herald-Record (Middletown, New York) May 29, 2009. (source: Double-Tongued Dictionary)
Further reading
What’s it like to hike the Pacific Crest Trail all the way from Mexico to Canada? You’ll end up with sore muscles and blisters, and great stories to tell. Along the way, you’ll also pick up some slang, like NoBo, SoBo, Yo-yo and...
The slang phrase someone ate and left no crumbs means the person did something really well. In a previous call, a listener who works in theater noted the use of ate to mean “did something well,” as in they really ate that haircut! This...