What does "archival" mean?

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According to "Masters of Photography", archival refers to the way a negative or photographic print is processed - usually meaning that the negative and print have been washed long enough to eliminate chemicals which could later cause discoloration or other types of degradation, and that a print is additionally made on a fiber-based paper. Also refers to materials used for matting, storing, and protecting photographic prints and negatives from the deterioration caused by chemical reactions.