Rez

1. In a video game, when a player dies, they can be rezzed or release in order to be alive again and continue playing. When a player is rezzed, another player revives, or resurrects (hence the term rez) the dead player.  When a player releases, the player is releasing the spirit from their dead body, allowing the player to re-unite their spirit with their body and come back to life.  These actions commonly occur in a MMO game.

2. Sometimes improperly used as a short way of saying resolution.

Also see: Game definitions, Release