Original: Cabaret is a form of entertainment featuring comedy, song, dance, and theatre, distinguished mainly by the performance venue — a restaurant or nightclub with a stage for performances and the audience sitting at tables (often dining or drinking) watching the performance being introduced by a master of ceremonies, or MC.
Simplified: Cabaret is a form of entertainment featuring comedy, song, dance, and theatre, caberets are mainly performed in a restaurant or nightclub with a stage for performances and the audience sitting at tables (often dining or drinking) watching the performance.