Memory measure is a term used to describe the amount of data that can be stored in a computer's memory. A byte is the smallest unit of digital information and is made up of 8 bits. A meg is a unit of measurement for digital information and is equal to 1 million bytes. Megs is an abbreviation for megabytes, which is equal to 1, 000 kilobytes. A kilobyte is a unit of measurement for digital information and is equal to 1, 000 bytes.