A receiver's LW and MW sensitivity is often specified in mV/M. What does this actually mean? I have tried to find out on the web but have yet to find an answer that I can understand.
I presume it means millivolts per metre. Millivolts I understand but to what does the metre refer? Does it refer to the wavelength of the received signal? Does it mean that a receiver, with a MW sensitivity of 1mV/M tuned to a frequency of 1Mhz, has a raw sensitivity of 300mV? Or does it calculate in some other way?