What is the name of the memory phase where limited information is held for a short duration?

The phase of memory where limited information is held for a short duration is known as Short-Term Memory. This type of memory allows individuals to retain information for a brief period, typically ranging from a few seconds to a minute, without rehearsal. It is characterized by its capacity to hold a small amount of information at once, usually around seven items, and is essential for daily tasks and cognitive processes such as following directions or recalling a phone number.

Short-Term Memory serves as a transitional stage before information is either discarded or encoded into Long-Term Memory, where it can be stored more permanently. This makes it fundamental for various cognitive tasks that require immediate access to information, showcasing its role in our everyday cognitive functioning.