A digital file format that holds audio, video and subtitles.  Containers support a variety of audio and video compression methods and are not tied to one particular audio or video codec.  AVI was the first Windows container format, and Matroska/MKV is a popular open-source container.  MPEG-4, QuickTime and RealMedia are also A/V containers.  See 
codec examples.
   Multimedia Container Examples
   Microsoft    AVI
   Apple        QuickTime
   Streaming    RealMedia
   Open Source  Matroska
   MPEG-4       MP4