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Wiktionary
georeferencing

n. location using a coordinate system vb. (present participle of georeference English)

Wikipedia
Georeferencing

Georeferencing means that the internal coordinate system of a map or aerial photo image can be related to a ground system of geographic coordinates. The relevant coordinate trasnforms are typically stored within the image file (GeoPDF and GeoTIFF are examples), though there are many possible mechanisms for implementing georeferencing. The most visible effect of georeferencing is that display software can show ground coordinates (such as latitude/longitude or UTM coordinates) and also measure ground distances and areas. Doing these things with USGS GeoPDF maps requires the free TerraGo toolbar extension to Adobe Reader. In other words, Georeferencing means to associate something with locations in physical space. The term is commonly used in the geographic information systems field to describe the process of associating a physical map or raster image of a map with spatial locations. Georeferencing may be applied to any kind of object or structure that can be related to a geographical location, such as points of interest, roads, places, bridges, or buildings.

Geographic locations are most commonly represented using a coordinate reference system, which in turn can be related to a geodetic reference system such as WGS-84.

Examples include establishing the correct position of an aerial photograph within a map or finding the geographical coordinates of a place name or street address ( Geocoding).