Glossary of Terms:
 
1/4-inch jack
A 1/4-inch socket commonly used on electronic musical instruments and professional audio equipment; A mono 1/4-inch jack uses two conductors (tip/sleeve), and a stereo 1/4-inch jack uses three conductors (tip/ring/sleeve).
Source: Yamaha

Also refered as:
  TRS   TS   mono jack   phone jack   stereo jack
Related terms:
  1/4-inch plug   XLR connector   balanced   headphones   input   output   unbalanced