What does a twice differentiable function mean?

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In many contexts, I have seen phrases like "... function $f$ is twice differentiable ...". I can understand that the function $f$ can be differentiated twice or in other words its second derivative exists. But does this mean third derivative (or higher) does not exist or is equal to $0$?

In the same way, what would we call a function like $e^x, \sin x, \dots$ which can be differentiated any number of times?

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Twice differentiable functions can be thrice differentiable.

Functions like $e^{x}, \sin x $ are infinitely differentiable functions or $C^{\infty}$ functions..