Images can be real or virtual, erect or inverted, magnified or diminished. A real image is formed by the actual convergence of light rays. A virtual image is the apparent convergence of diverging light rays.
If an image formed is upside down then it is called inverted or else it is an erect image. If the image formed is bigger than the object, then it is called magnified. If the image formed is smaller than the object, then it is diminished.