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
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