The term 'IT'S PICKED UP' can be solved by the three-letter word 'TAB'. A TAB is a small flap or strip of material attached to an object, used for hanging, fastening, or handling it. It is commonly used in clothing and accessories, such as on the back of a shirt collar, or on the side of a bag. In computing, a TAB is a character or series of characters used to move the cursor to a particular position on the screen.