Animation : is a sequence of frames that, when played in order at sufficient speed, presents a smoothly moving image like a film or video. An animation can be digitized video, computer-generated graphics, or a combination.
From : www.d3magazine.com/glossary Vector Graphics are graphics described by a set of mathematical instructions instead of as a series of discrete bits. They are typically line art illustrations. Graphics programs such as Adobe Illustrator and Corel Draw create vector-based graphics. Vector graphics are easily scaled or redrawn for different display devices without loss of quality.
From : www.marketwriter.net/terms.htm Raster graphics is the display of graphic images using a collection of small, separate dots called a bit map. The graphic's resolution is limited by the capabilities of the display or printing device. Synonymous with bit-mapped graphic. Adobe Photoshop is a popular image editor that rasterizes images that it opens.
From : www.cof.orst.edu/net/software/present/graphics/terminol.htm