Caliber is the size of the bullet. High-caliber rounds are big.
A round of ammo is what most people think of as a “bullet”. It’s the bullet and the casing (and the propellant and primer), the whole package.
A mag/clip are the same thing (unless you’re a gun nerd, then the difference is the most important thing in the world apparently): the thing where rounds are loaded.
A drum is a big round magazine.
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