Memory is the faculty by which the brain encodes, stores, and retrieves information. It is a record of experience that guides future action.| Psychology Today
Cognition refers, quite simply, to thinking. There are the obvious applications of conscious reasoning—doing taxes, playing chess, deconstructing Macbeth—but thought takes many subtler forms, such as interpreting sensory input, guiding physical actions, and empathizing with others.| Psychology Today