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An audio or video file that is downloaded to a users computer (usally) automatically by using RSS or Live Bookmarks.
When a users enters a website that is linked to a podcast, they may see one or two orange icons, they may see xml or rss or a little circle with lines comming out from it. The user can subscribe to the RSS feed or "feed" by telling an RSS Reader to watch the RSS Feed and tell the user if there is an update, in which cast the user can download the Podcast.
The iTunes media player also has Podcast and RSS support built in, the user can go onto the "Podcast Directory" and select as many or as little podcast feeds as he or she wants. There are also other Podcast readers such as "Democracy TV".
A: Dude listen to my Podcast!
B: Cool where is the RSS Feed?!
A: RS- What
B: Then it isn't a podcast
Podcast by GrayApple May 22, 2006
Trend whore for "streaming audio."

Even more deserving of condescending laughter, I have even seen simple downloadable .mp3 files featuring opinionated human voice referred to as "podcasts."
Sheep1: hay guys check out my podcast. I made it last night, it's my thoughts on animal husbandry and the geopolitical issues that surround it!!
Person1: *Downloads an .mp3 file*
podcast by FooberFoober September 27, 2005
Another example of apple trying to brand everything with their name.

It's a fucking MP3. Nothing more.
I call MP3s podcasts because it's cool to like apple and I have no mind of my own
podcast by GuyK December 27, 2005
Often made of plaster, this stiff dressing is used to immobilize the foot during its healing process.
Jimmy broke his foot and had to get a podcast.
Podcast by iMod May 11, 2011
Broadcasting targeted for an iPod or other portable media device by creating audio files for copying or pushed distribution. Podcast is both a noun and a verb.
Jefferson enjoys listening to technical articles now that he loads his iPod with podcast files every morning.
podcast by Jefferson May 13, 2005
Short for: Personal On Demand broadCast are audio files you can download into any MP3 player or computer. These audio files are broadcasted over the Internet automatically to subscribers of specific podcast channels.
Anyone can have a podcast now.
podcast by Jim Eller January 5, 2006