SVG stands for Scalable Vector Graphics and refers to a type of digital image format that uses mathematical equations and geometric shapes to create images. This means that the logo created in SVG format can be scaled up or down to any size without losing its quality or clarity. This is because the image is made up of vectors, which are mathematical representations of lines and shapes, rather than pixels. This makes SVG ideal for logos that need to be used in different sizes, such as on websites, business cards, and large banners, without sacrificing image quality.