Editing...

Cutting: One shot is instantaniously replaced on screen by another.

Shot/Reverse Shot: The section of shots, linked as a continuous sequence. It is usually used to show interaction between characters. Directors may also use this shot when they want to show how a speaker's words affect the listener.

Eyeline Match: The first shot shows a person looking towards an offscreen object. There is a cut to the second shot, which shows the object of the person's gaze and the space surrounding the object.

Graphic Match: This is a match cut in which shots A and B are similar in terms of:
Shape, colour or texture of objects. This type of edit provides continuity.

Action Match: Two different shots of the same action together at the same moment in the movement.

Jump Cut: The removal of a portion of a film, resulting in an instantaneous advance in the action.

Crosscutting: Alternates shots of two or more lines of action occurring in different places, usually simultaniously.

Insert Shot: Close-up of something within the scene.

Cutaway: Shot that is "away" from the basic scene.

Transitions...

Dissolve: Transition from one shot to another with the two images being briefly visable at the same time as they are dissolved from one to another. Usually used for flashbacks or to intensify a mood.

Fade: Picture to black or white, possibly suggesting a passing of time which could be a couple of hours or the next day.

Wipe: The replacement of one image with another, this could be with a horizontal, vertical or diagonal line.

Superimposition: Places or 'exposes' one image on top of another on the same piece of filmstock, such as inserted credits and titles at the beginning of a film.

Short Take/Long Take: The length of the recording of a shot.

Slow Motion: This is used to dramatise the action or to show detail.

Ellipsis: This is used to show a jump in time.

Post-production: Everything that happens to the footage after production. This includes video editing, audio editing, titling, colour correction, special effects, etc.

Visual Effects: Imagerey is created and manipulated outside the context of a live action shoot. CGI (computer generated imagery) is used in order to create environments which look realistic.