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GIF stands for Graphic Interchange Format. GIF files are bitmap format files commonly used to compress files to minimise the file size - so that they can be displayed on the Web in HTML documents and in other online services. The process used is a loss-less data compression technique, which results in a reduction of file size without degradation of visual quality.
TIFF - Tagged Image File Format - is a file format for storing images, including photographs and line art. It is a popular format for high colour depth images. TIFF format is widely supported by all image-manipulation applications.
BMP or Bitmap files are images composed of a rectangular grid of squares called pixels. Each pixel contains information that describes whether it is black, white or has a colour value. BMP files are usually not compressed, so they are typically much larger than compressed image file formats for the same image. Therefore they are generally unsuitable for transferring images on the internet or other slow or capacity-limited media.
JPEG is a commonly used standard method of compression for photographic images. The name JPEG stands for Joint Photographic Experts Group, the name of the committee who created the standard. The compression method selectively discards data, meaning that some visual quality is lost in the process.
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