* Noun: A small piece or amount of something.
* Example: "I only had a bit of cake left."
* Adverb: Slightly or to a small degree.
* Example: "He felt bit tired after the run."
* Part of a phrasal verb: Combined with other words, it forms a verb with a specific meaning.
* Example: "He bit into the apple." (bit + into = phrasal verb)
It's important to look at the context to determine the correct part of speech for "bit."