What is the meaning of Megabit?

One million (10, or 1,000,000) bits or 1,000 kilobits. Equals 125,000 bytes (125 kilobytes).

a mebibit.

one megabit per second

megabit (one million bits)

megabit

megabit (one million bits)

megabit

megabit

Source: wiktionary.org