Megabit (noun)

1. A unit of measurement of digital information storage or data transfer, equal to one million bits.
2. A unit of data transfer of 1,048,576 bits (1,024 x 1,024).

Origin:

Mega- + bit.

Examples:

1. The computer's memory can hold up to 32 megabits of data.
2. The internet connection speed is measured in megabits per second.
3. The new router supports up to 300 megabits per second.
4. The memory card had a capacity of 8 megabits.
5. The new software requires at least 20 megabits of storage.