the act or practice of calling public attention to one's product, service, need, etc. especially by paid announcements in newspapers and magazines, over radio or television, on billboards, etc.
(Source)
SO, WHAT DOES THIS MEAN?
Basically, when a company wants to sell you it's product, they need to find a way to get there product known and out there! They need to communicate with the masses, and they do this through advertising.
Companies advertise in attempt to persuade you and the rest of their targeted audience to buy their product.
Advertisements can occurs across various types of media, including: newspapers, magazines, television, radio, mail, the internet, etc.
Here are some print examples of advertisements and products companies are trying to sell you....
And here is an example of a commercial advertisement
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