file name text encoding file treasure txt "offset"how far into the file we have read utf- treasure islandpart onethe old buccaneerpointer to the file on the file system the python file object contains lot of different bits of information there are also lots of different sorts of file objectbut we are glossing over that in this introductory course what they share is reference into the operating system' file system that identifies the specific file and acts as the declaration to the operating system that the python process is using the file they also share an "offsetthis is number that identifies how far into the file the program has read so far the next(function reads from the offset to the next new line and increases the offset to be the distance into the file of the new line character the file object also records the name it was opened from and the text encoding it is using to convert bytes in the file to characters in the program