Term coined by Quantel to describe equipment able to operate with several moving image formats at the same time. For example, an editing system able to store and operate with any DTV production format material, making transitions between shots, composing layers originating from more than one format (resolution) and outputting in any chosen format.
Good equipment will be designed for fast operation at the largest specified TV format, e.g. 4K (3840 x 2160 UHD), and so may operate faster with smaller images, but also may be able to handle larger images.
See also: Resolution independent