noun: (historical) A container for holding chad (“small punched-out pieces of paper”) from paper tape or punch cards used with teleprinters, early computers, and other machines; a chad box.
noun: (by extension, humorous, slang) The supposed place where bits (binary digits) go when they fall off the end of a register during a shift operation; the notional resting place of lost or missing digital information.
verb: (transitive, computing, humorous, slang) To delete.