Computer network device MODEM - what does it stands for and what is its use?

MODEM (Modulator/Demodulator)
A device that serves as a bridge between your digital computer and some form of analog line used to transmit data, such as a phone line (standard modem) or analog cable connection (cable modem). The modem can receive the analog signals from the line and turn them digital, or transmit your digital signals into analog signals that are capable of being decoded digitally.

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