property Menu.Item (ID as Variant) as Item

Returns a specific Item object given its caption or its identifier.

TypeDescription
ID as Variant A long expression that indicates the item's index being searched, or a string expression that specifies the item's caption being searched.
Item An Item object being accessed.

Use the Item property to access to a Item object. Use the Caption property to specify the item's caption. Use the Visible property to specify whether the item is visible or hidden. Use the Item property of the PopupMenu control to retrieves the item giving its identifier. The ID property specifies the identifier of the item.  Use the ItemByData property to search for an item giving its associated data ( ItemData property )

The Item property is the default property of the menu object so the following statements are equivalents:

PopupMenu1.Items.Item ("Item 1")
PopupMenu1.Items ("Item 1")