TVOD stands for transactional VOD. TVOD usually requires some form of payment in return for the content that the user has purchased. In some cases, TVOD content providers will offer a trial to allow potential customers to test out the product before they make a purchase decision.

Video on Demand (VOD) refers to video delivered electronically over broadband connections or other types of networks designed specifically for computer and mobile viewing or downloading and viewing at home (e.g., cable internet service) as opposed to being broadcast from television transmitters and antennas intended primarily for reception by home antennas and televisions.