Editing

Cut 

The shot jumps directly to another shot of another piece of footage, (same or difference scene).

Continuity editing

Editing which is easy for the audience to watch and makes sense, shot are edited in a logical order and follow the action smoothly.

Cross Cutting

Switching between shots from two or more lines of action, this is often used with events which are happening at the same time.

Dissolve 

Transition in which one shot slowly changes to the next, both shots are overlaid so at the middle of the dissolve both shots can essentially be seen.

Eyeline match 

Shot A must contain a character, followed by shot B which show what the character in shot A is looking at.

Fade

 

Transition in which the shot slowly becomes less visible and is replaced by a screen with no images (typically plain black or white). Usually used when a significant amount of time has passed between shots. 

Jump cut

Leave out part of the main action in the shot and creates confusion and a lack of continuity for the audience.

Montage 

Collection of many different brief shots from difference scenes and events often used for emotional effect, can be used in seems of loss or remembrance.

Shot reverse shot cutting

Similar to cross cutting int he sense that the shots alternate between two shots, however shot reverse shot remains within the scene and is often used as part of a conversation between characters.

Wipe

Visible bar on screen which pushes one shot off and pulls the next shot on to replace it. Rarely used in modern-day film marking, used more in TV sitcoms.