Memorisation is adding nodes to your existing network of knowledge
Understanding is efficiently arranging and coordinating those nodes in an efficient path for most situations
Wisdom is knowing in which contexts to actually apply that path of nodes
Tacit knowledge is similar to wisdom just it generally lacks memorisation
There's not a perfect mapping in English between Memorisation, Understanding and Wisdom and their most pragmatic corresponding analogues in nature, but I have found this distinction between terms useful in the whole memorisation v understanding debate
Understanding is efficiently arranging and coordinating those nodes in an efficient path for most situations
Wisdom is knowing in which contexts to actually apply that path of nodes
Tacit knowledge is similar to wisdom just it generally lacks memorisation
There's not a perfect mapping in English between Memorisation, Understanding and Wisdom and their most pragmatic corresponding analogues in nature, but I have found this distinction between terms useful in the whole memorisation v understanding debate