If you think about it, RAM is short term memory, and storage is long term memory, no?
Also there are old (ferite core) and new (NVRAM) technologies that are more or less both, further blurring the distinction.
Yes.
> Often I see RAM refered as memory with nonvolatile memory being reffered as storage.
That would be the correct nomenclature.
> Also there are old (ferite core) and new (NVRAM) technologies that are more or less both, further blurring the distinction.
The distinction isn't based on how it's built, but the use case and volatility. Memory is volatile and only intended for storing data for actively running programs.
SSDs and NVMe drives are storage, despite them looking like RAM chips, because they are non-volatile. When you remove power, they still have the data. A mobile device's "flash memory", which despite being called "memory", is storage.
But perhaps maybe tests like that can get people to stop referring to non-volatile storage as "memory".