MPEG-2 (a.k.a. H.222/H.262 as defined by the ITU) is a standard for "the generic coding of moving pictures and associated audio information". It describes a combination of lossy video compression and lossy audio data compression methods, which permit storage and transmission of movies using currently available storage media and transmission bandwidth.
See also: MPEG-2.
This term is used in software engineering, programming, scripting, testing, application architecture, and development lifecycle work. It helps teams describe how software is designed, implemented, integrated, and maintained.