Memory is the component of a computer system that stores data temporarily for fast access by the processor.
Memory does not need to remain persistent, which means it does not retain data when the power is turned off.
A programmer can use memory to store output in a place that can be accessed as quickly as possible by the processor. Memory is also known as RAM (random access memory). References : The Official CompTIA IT Fundamentals (ITF+) Study Guide (FC0-U61), page 36.