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megabyte

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megabyte
One million bytes, or more precisely 1,048,576 bytes. Also MB, Mbyte and M-byte. See mega, space/time and never say.
megabyte [′meg·ə‚bīt]
(computer science)
A unit of information content equal to 1,048,576 (1024 × 1024) bytes. Abbreviated Mbyte. Symbolized M.
(unit)megabyte - (MB, colloquially "meg") 2^20 = 1,048,576 bytes = 1024 kilobytes. 1024 megabytes are one gigabyte.

The text of a six hundred page paperback book would require about a megabyte of ASCII storage.

See prefix.
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Back in the mid 90's, a computer with a 200-megabyte hard drive was good enough for us and one with 300 to 400 megabyte would impress even the computer geeks.
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Over the next two years charges for data services such as surfing the net, downloading movies and sending pictures will be coming down too as a new wholesale cap of around pounds 1 per megabyte (MB) comes into force.
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