marbitEtymologyBlend of marshmallow + bit.nounA small piece of dehydrated marshmallow, used in breakfast cereals etc.“[…] cereal bits in Lucky Charms. The original marbit was a multi-colored rainbow, but it was not long before new shapes and colors were born. Pink hearts, purple horseshoes, blue moons, and of course, green clovers […]”A kind of bituminous compound for road surfacing.The accrued interest on a loan.