Japanese word for animation. The word, when used by non-Japanese, usually refers to animated films of Japanese origin. Distinguishing features of anime include large, detailed eyes and, for the most part, awful dubbing.
The quality of anime varies wildly. Some anime is better than most of what Hollywood puts out, and some's crap. Examples of popular anime include Neon Genesis Evangelion, Princess Mononoke, and Spirited Away.
I went to the theater to watch some anime a few days ago.