is the altitude above the surface, also know as, AGL. Above Ground Level.
Absolute altitude
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is the actual distance above mean sea level, or, MSL.
True altitude
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altitude corrected for non-standard day pressure. It is the altitude that is indicated when the altimeter is set to standard pressure (29.92 "Hg). Needed for most performance tables/charts.
Pressure altitude
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altitude corrected for non-standard day pressure AND non- standard day temperature.
Density altitude
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altitude read directly from the altimeter (uncorrected) when it is set to the current altimeter setting.