Most commonly used to describe a newbie, as in, "That's OK, she's puter illiterate." It is also an affectionate name for your computer, as in "My puter is getting a more memory this week." 

Online jargon, also known as text message shorthand, used in texting, online chat, instant messaging, email, blogs, and newsgroup postings, these types of abbreviations are also referred to as chat acronyms

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NetLingo Classification: Acronyms and Text Message

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