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A Uniform Resource Locator (URL) serves as the address that identifies the location of a web page on the internet. It provides a specific path to access content hosted on a server, allowing users to navigate directly to a desired webpage. For example, a URL contains various components such as the protocol (like HTTP or HTTPS), the domain name, and possibly a specific path or query string that leads to a specific resource on a website. This addressing feature is fundamental to web browsing, enabling users to find and view web pages with ease.
The other options do not correctly define the purpose of a URL. The speed of an internet connection pertains to the bandwidth and performance aspects of the network rather than the location of a web resource. The format of a web document may relate to how the information is structured and presented but does not describe its address. Lastly, the source of an online application could refer to where the application is hosted or the developer of the app, but this is also not the function of a URL. Thus, the primary role of a URL is to provide the necessary address to access specific web content.