A Slot is a term used in the world of video games. The word refers to a narrow depression or perforation in a piece of material, or a space in which something can slide through. The word is a noun, and its use in a sentence first dates from 1747. Since then, the word has taken on a number of different meanings, ranging from “to drop a coin” to “to fit something into.” The most common sense of the word is a “slot,” but it is a fairly recent development.
A Slot is used in computers to hold coins, or other items, in order to operate. Other names for Slots include opening, hole, groove, vent, and vent. Slots are also names of syntactic roles in sentences. These devices help computers extract information from data by creating random patterns. Slots are common in post offices and other places where mail is put. In a Post Office, a slot is a recessed opening where the mail can be put.
Airport slots are issued by airports and give airlines the right to operate at a specific airport. This is a useful resource when parking spaces and runways are constrained. In some instances, these slots can be traded for high prices. In 2016, one slot was sold for $75 million. Another type of Slot is issued by EUROCONTROL as part of its role in flow and capacity management. When an airline is not able to make use of an airport’s entire capacity, a slot allows for more efficient allocation of resources.