EEPROM - technical definition

(Electrically Erasable Programmable ROM) A rewritable memory chip that holds its content without power. EEPROMs are bit or byte addressable at the write level, which means either the bit or byte must be erased before it can be re-written. In flash memory, which evolved from EEPROMs and is almost identical in architecture, an entire block of bytes must be erased before writing. In addition, EEPROMs are typically used on circuit boards to store small amounts of instructions and data, whereas flash memory modules hold gigabytes of data for digital camera storage and hard disk replacements (see flash memory).

A Floating Gate Holds the Charge
EEPROM and flash memory bit cells are CMOS-based transistors that hold a charge on a "floating gate." With no charge on the floating gate, the transistor acts normally, and a pulse on the control gate causes current to flow. When charged, it blocks the control gate action, and current does not flow. Charging is accomplished by grounding the source and drain terminals and placing sufficient voltage on the control gate tunnel through the oxide to the floating gate. A reverse voltage channeled from another transistor clears the charge by causing it to dissipate into the substrate.