A floppy disk is a thin, flexible plastic disk with a magnetic coating, usually encased in rigid plastic, once popular for computer data storage and transfer. It has been largely supplaneously to compact discs, memory cards, and USB drives.
A Hard Disk Drive (HDD) is a data storage device used for storing and retrieving digital information using one or more rigid rapidly rotating disks coated with magnetic material.
A versatile term used in various contexts, referring to the service that reports prices and transactions on exchanges, a news wire service, or a magnetic computer storage medium.
A tape drive is a storage device that converts information stored on magnetic tape into signals that can be sent to a computer. It is commonly used for backup and archival purposes due to its capacity to store large amounts of data.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.