Terminology

Platform - Different formats games are available in, such as IOS, PS4 and Xbox.
Cross media platform - Games available on more than one format.
Conglomerate - Large media companies that own smaller media companies e.g. Disney.
Developer - People or companies that own smaller media companies i.e. Sony.
Digital distribution - Making the game available to audiences e.g. Steam.
Engine - A system designed for the creation and development of video games e.g. 'unreal'.
PEGI - Pan European Games Information - age rating system for regulating video games.
Designer - People or companies who bring the concept of the game to life.
RPG - Role playing game.
MMORPG - Maximum multiplayer online role playing game.
FPS - First person shooter.
Event release - Hyped date used heavily in marketing of new games.
Triple A game - An informal classification used for video games with the highest development budgets and levels of promotion.
Open world - Players free to roam in a virtual game world.
DLC - Downloadable content.
Sand box - Style of game that allows the user to change the world around them whenever they want.