IT> (Or "Mb") megabytes or megabITs. When referring to the size or data transfer rate of a storage device which is accessed in multiples of eight bITs (e.g. RAM, hard disk) this almost certainly means megabytes, but when referring to the data transfer rate of a communications system IT probably means megabITs. Some years ago, IT is claimed, "MB" always meant megabytes and "Mb" meant megabITs but recently this useful distinction has been lost. (1996-09-22)