What is FIFA?

Context: The recognised international governing body of football is FIFA. The FIFA headquarters are located in Zürich, Switzerland. Six regional confederations are associated with FIFA; these are:

Asia: Asian Football Confederation 
Africa: Confederation of African Football 
Europe: Union of European Football Associations 
North/Central America & Caribbean: Confederation of North, Central American and Caribbean Association Football 
Oceania: Oceania Football Confederation 
South America: Confederación Sudamericana de Fútbol 
National associations oversee football within individual countries. These are generally synonymous with sovereign states, but also include a smaller number of associations responsible for sub-national entities or autonomous regions. 211 national associations are affiliated both with FIFA and with their respective continental confederations.

While FIFA is responsible for arranging competitions and most rules related to international competition, the actual Laws of the Game are set by the IFAB, where each of the UK Associations has one vote, while FIFA collectively has four votes.

Answer: FIFA stands for Fédération internationale de football association. It is the main international governing body for the sport of soccer (called football internationally outside the US)