sats

noun
  1. An abbreviation for 'Standard Assessment Tests', which are national curriculum tests taken by school children in the UK to assess their educational progress. noun
    The students were nervous about their upcoming SATs.
    Teachers prepared their classes thoroughly for the SATs to ensure good results.
  2. A colloquial term for 'satoshis', which are the smallest unit of Bitcoin, named after its creator, Satoshi Nakamoto. One satoshi is equal to 0.00000001 Bitcoin. noun
    He decided to invest in Bitcoin by buying a few thousand sats.
    The transaction fee was only a few sats, making it very economical.