Dispersion is the phenomenon in which the phase velocity of a wave depends on its frequency. Sometimes the term chromatic dispersion is used to refer to optics specifically, as opposed to wave propagation in general. A medium having this common property may be termed a dispersive medium.
Although the term is used in the field of optics to describe light and other electromagnetic waves, dispersion in the same sense can apply to any sort of wave motion such as acoustic dispersion in the case of sound and seismic waves, and in gravity waves (ocean waves). Within optics, dispersion is a property of telecommunication signals along transmission lines (such as microwaves in coaxial cable) or the pulses of light in optical fiber.