(1) The number of a particular RAM or peripheral storage location.  Like post office boxes, each byte of RAM and each sector on a drive has its own unique address.  Programs are compiled into machine language, which references actual addresses in the computer.  See 
address bus and 
machine language.
(2) As a verb, to manage or work with.  For example, "the computer can address 16GB of RAM."
(3) The location of a website or other Internet facility.  See 
URL, 
IP address and 
address bar.