flash memory

flash memory definition - finance
A type of memory that is used in digital cell phones, digital cameras, personal digital assistants, and PC cards for notebook computers. Flash memory is constantly on. It can be erased and reprogrammed in units of memory called blocks. The term takes its name from the memoryÂ’s design, which allows a section of memory cells to be erased in one action, or in a flash. Flash memory is a popular product that is sold by semiconductor companies.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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