Computer Storage

Gigabyte (GB)
Gigabyte (GB) is a computer storage unit representing one billion bytes or precisely 1,073,741,824 bytes (2^30^ bytes) when referring to computer memory.
Hard Disk
A hard disk, also known as a drive, is a computer storage medium that uses rigid aluminum disks coated with iron oxide. Hard disks have much greater storage capacity than removable media such as floppy disks and CDs.
Kilobyte (KB)
A kilobyte (KB) is a unit of digital information storage equal to 1,024 bytes, typically used to measure the size of small files or storage devices within computers and digital systems.
Overwrite
The process in which new computer data replaces or modifies the data at a disk location that was previously occupied by other data. This occurs when new files with the same name are saved over existing ones.
Partition
Partition refers to the concept of dividing a whole into multiple segments, which can apply to various fields such as real estate, office management, and computer storage.
Root Directory
The top level in a hierarchical computer file system, wherein it contains all the second-level subdirectories on a specific drive, acting as the directory’s initial point of reference.
Save
The term 'save' refers to the act of setting aside resources for future use, particularly in the context of finances and data storage.
Secondary Storage Device
Secondary storage devices are computer storage locations for data not currently being accessed. They provide readily accessible file retrieval and security against data loss.
Sector
A sector refers to a distinct part of the economy, stock market, or specific division in computer storage, each sharing common characteristics.
Wipeout
The term 'wipeout' refers to the complete erasure or removal of data, which can occur deliberately or inadvertently, often in digital contexts such as computers, disks, or storage devices.
WORM (Write Once, Read Many)
Write Once, Read Many (WORM) is a storage technology that allows data to be written to a device a single time, but read multiple times. Commonly applied in data archiving and compliance.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.