Editing/Cut/Continuity editing

Editing

"Editing - is the process of selecting and preparing written, visual, audible and film media used to convey information. The editing process can involve correction, condensation, organization, and many other modifications performed with an intention of producing a correct, consistent, accurate and complete work." ( Wikipedia ) 

Editing - how the individual shots are put together. 

Cutting 

"In the post-production process of film editing and video editing, a cut is an abrupt, but usually trivial film transition from one sequence to another. It is synonymous with the term edit, though "edit" can imply any number of transitions or effects. The cut, dissolve and wipe serve as the three primary transitions. The term refers to the physical action of cutting film or videotape, but also refers to a similar edit performed in software; it has also become associated with the resulting visual "break" ".

( Wikipedia )

Cutting - one image is suddenly replaced by another, without a visible transition.

• Montage

Montage - style of editing involving rapid cutting so that one image is juxtaposed with another or one scene quickly dissolves into the next. 

• Cross-cutting

Cross-cutting - swiftly cutting backwards and forwards between more then one scene. 

• Overlapping Edit

Overlapping Edit is used to show one scene from different angles. Usually 4-5 cameras are used.

Continuity editing

"Continuity editing is the predominant style of film editing and video editing in the post-production process of filmmaking of narrative films and television programs.The purpose of continuity editing is to smooth over the inherent discontinuity of the editing process and to establish a logical coherence between shots." ( Wikipedia ) 

Example of Continuity editing.