FPS

1. Short for Frames Per Second, FPS is a measurement of the speed or performance of a game and/or computer system. Generally, a user who has a higher FPS will be capable of performing better. Often many games today have a command or keyboard shortcut key that will display the frames per second you're getting. However, there are also other third-party programs such as Fraps and other benchmarking programs that will also display the frames per second you're getting.
2. Also known as a point-and-shoot game, FPS is short for First Person Shooter and is a description of a game where the player sees only the weapon of the character and shoots other characters or players. First Person Shooter games became widely popular with the release of Doom in 1993.

Also see: Frame, Game definitions, Measurement, Video definitions