This document discusses the key features and objectives of an operating system. It defines an operating system as a program that acts as an interface between software and hardware, managing computer resources and monitoring the execution of programs. The objectives of an operating system are to make the computer system convenient and efficient to use by hiding hardware details from users, providing a user interface, and acting as an intermediary between hardware and users. Operating systems also manage resources, track resource usage, and provide fair sharing of resources among users and programs. The characteristics of operating systems include memory management, processor management, device management, file management, security controls, job accounting, performance monitoring, user interaction, error detection, and coordination between software and users.