1) A spring is an elastic object that stores mechanical energy and exerts a restoring force proportional to its displacement from equilibrium.
2) The motion of an object attached to a spring is called simple harmonic motion (SHM), where the restoring force causes the object to oscillate back and forth periodically over time.
3) In an undamped spring system without friction or energy losses, the object will oscillate indefinitely; a damped system includes forces proportional to velocity that cause the oscillations to decay over time until the object reaches equilibrium.