Plugins are audio processors which you can use inside your audio production software.
Most audio production software include some built-in processors like noise reduction, EQ, compressors, and more.
There are also many third-party processors which you can “plug in” to your audio software, and lots of these actually model classic audio processing gear because a lot of the older gear sounded awesome. In general, these third-party plugins are higher quality than the ones that come with most audio software.
So, plugin is a generic word applied to all these audio processors.
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