Relation between UID, ID and address?

I’m trying to get a clear picture of how address, ID, and UID interact.

From what I gather, tx_context::fresh_object_address(ctx) is used to create a new address in TxContext, which acts as a unique identifier. Then there’s the ID structure that includes this address in the field bytes and allows for copying, dropping, and storing:

struct ID has copy, drop, store{
bytes: address,

On top of this, UID is a wrapper around ID, limiting it so that we can’t just copy or drop it. I want to make sure I’ve got this right:

  1. Is my understanding of the connections between address, ID, and UID accurate?
  2. Could I be missing any important details or functionalities of these components?