What exactly does a token mean?

API
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1

In the rate limits table for tier1. The token limit is 60,000 for gpt-3.5-turbo.
I’m not quite getting what a token is. Could someone explain to me what is a token in detail, please?

Thank you,

2

This should help: https://help.openai.com/en/articles/4936856-what-are-tokens-and-how-to-count-them

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