Can nRF52840 Dongle be reset using a button?

After uploading code to the nRF52840 DK, the code can be restarted by pressing the RESET (sw5) button. However, pressing RESET on the Dongle, seem to wipe out the code, or get the dongle ready to be reprogrammed. Is that correct? Is there another button that I'm not seeing on the dongle that will restarted it?

As a secondary question, I'll be happy to get my terminology correct. What exactly pressing RESET on the dongle is doing?

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