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Those working in memory are now agreed that the word refers to ‘the systems, representations and processes in, living organisms that are involved in the retention of information’, but this is another clumsy definition.

All major dictionaries include wide lists of alternative under the definition of memory. Among these are ‘the mental faculty of retaining and recalling past experience’ and perhaps, ‘the ability to keep things in mind and recall them at will’.
Meaning of Memory