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Codec
stands for Coder/Decoder. Basically it is a piece of software
or a driver that adds a support for certain video/audio format for your
operating system. With codec, your system recognizes the format the codec is
built for and allows you to play the audio/video file (=decode) or in
some cases, to change another audio/video file into that format (=(en)code).
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AVI stands for Audio Video Interleave. This is a container video format that specifies certain structure how the audio and video streams should be stored within the file. AVI itself doesn't specify how it should be encoded (just like the streaming format ASF), so the audio/video can be stored in very various ways. Most commonly used video codecs that use AVI structure are M-JPEG and DivX ;-). AVI contains code called FourCC which tells what codec it is encoded with. |
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Audio
and video compression format developed by
MPEG group back in 1993. Official description: Coding of moving
pictures and associated audio for digital storage media at up to about 1,5
Mbit/s. |
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MP3
stands for
MPEG-1 Audio Layer III. It is not a separate format, but a
part of MPEG-1 video encoding format, developed by
MPEG group in early 1990's. Too often people refer MP3 as MPEG-3,
which is incorrect, because such format doesn't even exist. |