full motion video

Short definition from Wiktionary

Noun

1. 1
   Video marketed as being of sufficient quality to make motion appear continuous to humans, considered to require at least 16 frames per second.
2. 2
   In-game footage that is pre-rendered, often using real-world scenes, as opposed to being rendered in-engine or in real time.
3. 3
   Alternative spelling of full motion video.