There are times when an exhaustive and formal definition of a word is not required. This is one of them.
However, I am aware that for some people, it can be annoying when someone else (me in this case) is seemingly lazy or just plain wrong when deploying words.
I used to be somewhat unkind about grammatical errors but let's face it: grammar is what the majority of people say it is and not what is pinned down in a book half-read and quarter-remembered from years ago.
A bit is perhaps the smallest addressable unit of storage (says my light switch) A byte manages to convey 256 different states and I would need eight light switches to store them.