Or, in other words, the URL is the actual address of a resource on the network. URLs are a subset of UniformResourceIdentifiers. Contrast UniformResourceNames, an indirection layer that eventually return URLs.
URLs aren't really the actual address. One still may have to go through the DomainNameService? to retrieve the IP and then further through a network protocol. Finally, the actual resource exists on a VirtualFileSystem? which may be mapped to an actual file system in any way. Indeed, the IP address resolved by the DNS may only be proxy to a vast internal network on the foreign site.
However, all these mechanics are (usually) unimportant. They represent, for all intents and purposes, the location of the resource in the network space of the internet.
See RFC 2396.
By the way, the reason why mailto: and news: do not have two forward slashes (//) after the protocol identifier is because they are fetched from local servers, not remote servers.