meta bit

from Jargon File (4.4.4, 14 Aug 2003)
meta bit
 n.

   The top bit of an 8-bit character, which is on in character values
   128--255. Also called {high bit}, {alt bit}. Some terminals and
   consoles (see {space-cadet keyboard}) have a META shift key. Others
   (including, mirabile dictu, keyboards on IBM PC-class machines) have
   an ALT key. See also {bucky bits}.

   Historical note: although in modern usage shaped by a universe of
   8-bit bytes the meta bit is invariably hex 80 (octal 0200), things
   were different on earlier machines with 36-bit words and 9-bit bytes.
   The MIT and Stanford keyboards (see {space-cadet keyboard}) generated
   hex 100 (octal 400) from their meta keys.
    
from The Free On-line Dictionary of Computing (8 July 2008)
meta bit

   The top bit of an 8-bit character, which is on in character
   values 128--255.  Also called {high bit}, {alt bit}, or
   {hobbit}.  Some terminals and consoles (see {space-cadet
   keyboard}) have a META shift key.  Others (including,
   *mirabile dictu*, keyboards on IBM PC-class machines) have an
   ALT key.  See also {bucky bits}.

   Historical note: although in modern usage shaped by a universe
   of 8-bit bytes the meta bit is invariably {hex} 80 ({octal}
   0200), things were different on earlier machines with 36 bit
   words and 9-bit bytes.  The MIT and Stanford keyboards (see
   {space-cadet keyboard}) generated hex 100 (octal 400) from
   their meta keys.

   [{Jargon File}]
    

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