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Browser
A program which allows a person to read hypertext. The browser gives some means of viewing the contents of nodes and of navigating from one node to another. Netscape and Lynx are browsers for the World Wide Web. They act as clients to remote servers.
Hypertext
A term coined by Ted Nelson around 1965 for a collection of documents (or "nodes") containing cross-references or "links" which, with the aid of an interactive browser program, allow the reader to move easily from one document to another.

Source:

<DL>
<DT> Browser
<DD> A program which allows a person to read hypertext. The browser gives some means of viewing the contents of nodes and of navigating from one node to another. Netscape and Lynx are browsers for the World Wide Web. They act as clients to remote servers.
<DT> Hypertext
<DD> A term coined by Ted Nelson around 1965 for a collection of documents (or "nodes") containing cross-references or "links" which, with the aid of an interactive browser program, allow the reader to move easily from one document to another.
</DL>