Okay, so what are keys?

posted to: What Are Keys?
I think I know what key frames are. They are the defined places (frames) in a set of property changes in a scene that will be interpolated in between (tween) automatically. But what are keys? Or key sets? This lesson is called What Are Keys but after watching it this is still a question in my mind. I can't remember the instructor defining "keys", just "key frames".