Types of the Twist drill bits quoted from Machinery's Handbook 27th Edition
Straight Shank Drills: Those having cylindrical shanks which may be the same or different diameter than the body of the drill. The shank may be with or without driving flats, tang, grooves, or threads.
Taper Shank Drills: Those having conical shanks suitable for direct fitting into tapered holes in machine spindles, driving sleeves, or sockets. Tapered shanks generally have a driving tang.
Two-Flute Drills: The conventional type of drill used for originating holes.
Three-Flute Drills (Core Drills): Drill commonly used for enlarging and finishing drilled, cast or punched holes. They will not produce original holes.
Four-Flute Drills (Core Drills): Used interchangeably with three-flute drills. They are of similar construction except for the number of flutes.
Right-Hand Cut: When viewed from the cutting point, the counterclockwise rotation of a drill in order to cut.
Left-Hand Cut: When viewed from the cutting point, the clockwise rotation of a drill in order to cut.
Teat Drill: The cutting edges of a teat drill are at right angles to the axis, and in the center there is a small teat of pyramid shape which leads the drill and holds it in position. This form is used for squaring the bottoms of holes made by ordinary twist drills or for drilling the entire hole, especially if it is not very deep and a square bottom is required. For instance, when drilling holes to form clearance spaces at the end of a keyseat, preparatory to cutting it out by planing or chipping, the teat drill is commonly used.