Yes. "Random Access Memory".
As opposed to the "linear access memory" of older analog information technologies (both computer and non computer).
Movie film, magnetic tape (audio, video, reel-to-reel, and cassette) are all examples of "linear access memory".
You have to roll the the tape or film back and forward to get to points to edit or to whatever.
In contrast vinyl records were early example of crude "random access memory". You can lift the needle and then drop it on to any point on the record. To the blank spaces between tracks, or even (if you're good) you can recognize passages within a track (quieter passages of a song look a little different than the loud passages from how groove on the record looks).
Then they invented hard drives, and they invented CDs. CD's operate much like vinyl records with the laser acting like a stylus that can be dropped anywhere upon the disk. Viola ...randomly accessible memory!