How's internet speed defined?

AmericanW

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How does this mean in regard to my internet speed:
Download: 3935 kb/s
Upload: 536 kb/s

I supposedly have a 2.5 mb internet speed. Is this correct?
 
Yes it's Correct internet for 2.5 Mbps connection.
I am using 2MBps connection.I have checked the speed of the internet at Scanmyspeed.com
My Uploading speed is 1.235Mbps and Downloading speed is 6.255mbps.You can check your speed in Mbps and MBps measurement here.
 
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