DVD officially stands for 'Digital Versatile Disc,' though it was initially marketed as 'Digital Video Disc.' The 'versatile' designation reflects that DVDs can store various types of data beyond video, including software, games, and audio. The format was developed in 1995 as a successor to CDs. The other options are invented - 'Volatile' and 'Viable' are not accurate expansions, and 'Demand Video Disc' is a misremembering.