The document discusses IBM's memory management for Java applications. Memory management allocates discrete regions of unused memory to applications and reclaims memory when it is no longer being used. On IBM systems, memory management uses temporary dynamic memory like single-level storage and teraspace, as well as undefined memory mapped files for extended memory. Teraspace provides 1 terabyte address spaces for processes using separately allocated storage areas that can have addressability holes. Memory mapped files map storage areas to undefined files in the file system, redirecting memory access to file access.