
Xvid (formerly `XviD`) is a video codec library following the MPEG-4 standard, specifically MPEG-4 Part 2 Advanced Simple Profile (ASP). It uses ASP features such as b-frames, global and quarter pixel motion compensation, lumi masking, trellis quantization, and H.263, MPEG and custom quantization matrices. Xvid is a primary competitor of the Div.....
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http://en.wikipedia.org/wiki/Xvid

Formerly 'XviD'. Free and open source MPEG-4 video codec. Xvid was created by a group of volunteer programmers after the OpenDivX source was closed in July 2001. Xvid is a primary competitor of DivX (Xvid being DivX spelled backwards). While DivX is closed source and may only run on Windows, Mac OS and Linux, Xvid is open source and can potentially...
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http://www.agbnielsen.net/glossary/glossaryQ.asp?type=alpha&jump=none

XviD is an ISO MPEG-4 compliant video codec. It's not a product but an open source project which is developed and maintained by people around the world. XviD.org
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http://www.videohelp.com/glossary?X
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