Understanding and Working with Out of the Box Lists and Libraries
Everything in SharePoint is stored in lists. Libraries are lists that can store documents, videos, audio, and other types of files. In this discussion the term “list” refers to both lists and libraries. You can consider lists and libraries to be the basic data structure for storing data in SharePoint. Data in SharePoint lists is stored in the form of rows and columns. The column of a list can be a site column that is a column created at the site level that can be reused across multiple lists. Or the column can be a list column specific to the list and cannot be reused at other places.
Columns are usually associated to the lists through content types, which you can consider a collection ...
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