How is memory defined in the context of computers?

Memory in the context of computers is best defined as the hardware used to temporarily store data. This refers to components such as RAM (Random Access Memory) that provide a space for the computer to hold data and instructions that are actively in use. Unlike permanent storage, which retains information even when the computer is turned off, this type of memory is volatile and is cleared when power is lost.

It is essential to understand that the ability to process data quickly is a function of the CPU and how it interacts with the memory, rather than the definition of memory itself. Similarly, retaining and recalling past experiences pertains more to cognitive psychology than computing. Also, permanent storage concerns hard drives or SSDs, which do not meet the requirements set for this specific question about temporary data storage. Memory, in this sense, specifically pertains to the temporary holding of data in a manner that allows for quick access and processing by the computer's CPU.