I have also heard people use it to describe a "bite sized fact". The "oid" part of the word, for some people, seems to mean "small" or "compartmentalized". In

I have also heard people use it to describe a "bite sized fact". The "oid" part of the word, for some people, seems to mean "small" or "compartmentalized". In this incorrect usage of the word, take the following sentence: "Nice little factoid!", could also be written as "Nice little nugget of info!"