A multi-ringed basin (also a multi-ring impact basin) is not a simple bowl-shaped crater, or a peak ring crater, but one containing multiple concentric topographic rings; a multi-ringed basin could be described as a massive impact crater, surrounded by circular chains of mountains resembling rings on a bull's-eye. A multi-ringed basin may have an area of many thousands of square kilometres.
An impact crater of diameter bigger than about 180 miles (290 km) is referred to as a basin.
An impact crater is a depression in the surface of a solid astronomical body formed by the hypervelocity impact of a smaller object. In contrast to volcanic craters, which result from explosion or internal collapse, impact craters typically have raised rims and floors that are lower in elevation than the surrounding terrain. Impact craters are typically circular, though they can be elliptical in shape or even irregular due to events such as landslides. Impact craters range in size from microscopic craters seen on lunar rocks returned by the Apollo Program to simple bowl-shaped depressions and vast, complex, multi-ringed impact basins. Meteor Crater is a well-known example of a small impact crater on Earth.
Impact craters are the dominant geographic features on many solid Solar System objects including the Moon, Mercury, Callisto, Ganymede, and most small moons and asteroids. On other planets and moons that experience more active surface geological processes, such as Earth, Venus, Europa, Io, Titan, and Triton, visible impact craters are less common because they become eroded, buried, or transformed by tectonic and volcanic processes over time. Where such processes have destroyed most of the original crater topography, the terms impact structure or astrobleme are more commonly used. In early literature, before the significance of impact cratering was widely recognised, the terms cryptoexplosion or cryptovolcanic structure were often used to describe what are now recognised as impact-related features on Earth.