The term Ajax was coined by Jesse James Garrett and is a short form for "Asynchronous Javascript and XML". Ajax represents a set of commonly used techniques, like HTML/XHTML, CSS, Document Object Model(DOM), XML/XSLT, Javascript and the XMLHttpRequest object, to create RIA's (Rich Internet Applications).
Ajax gives the user, the ability to dynamically and asynchronously interact with a web server, without using a plug-in or without compromising on the user’s ability to interact with the page. This is possible due to an object found in browsers called the XMLHttpRequest object.