What is widget?
If you are talking about computers/tablets/smart phones, it is a "small application with limited functionality ..." http://en.wikipedia.org/wiki/Web_widget
A "widget" is a generic term often used to refer to an imaginary product.
Imaginary unit of so-called production in a corporatist setting.
like, if you have a smart phone and you put a widget on it its like... putting a clock or small game or temperature or somethin
'Any small mechanical or electronic device' ~ Merriam Webster (but there are different meanings). In what context did you hear it?