We take a physical system and apply some mathematical properties to it. In the case of bullet I think what is interesting is to model it's energy, E = 1/2 mv*v. Now, if we take the kinetic energy of a bullet, and apply it to any other object, and then instantiate this object in the real world the lethality of the object depends on the nature of the object. A ball of hay of a diameter of 1 m in 1 atm 10 meters away with the kinetic energy of a bullet does not sound lethal. An object more like a bullet, like an iron nail, probably can be. Gummy bear? Who knows.
The point is, the maths here are about physical things, although it can take a lot of experimental work to manufacture a specific physical system that exhibits behaviour which is modeled with specific piece of math.
"With the holodeck safeties off, even holographic bullets can kill." - Picard, First Contact.
:)
I'm sorry to ask because I should actually know this, isn't the remaining positive charge accounted to the protons in the core? A moving "hole" is just a figure of speech.