Wiktionary
n. (context computing dated English) inverse video.
Wikipedia
Reverse video (or invert video or inverse video or 'reverse screen') is a computer display technique whereby the background and text color values are inverted. On older computers, displays were usually designed to display text on a black background by default. For emphasis, the color scheme was swapped to bright background with dark text. Nowadays the two tend to be switched, since most computers today default to white as a background color. The opposite of reverse video is known as true video.
Video is usually reversed by inverting the brightness values of the pixels of the involved region of the display. If there are 256 levels of brightness, encoded as 0 to 255, the 255 value becomes 0 and vice versa. A value of 1 becomes 254, 2 of 253, and so on: n is swapped for r - n, for r levels of brightness. This is occasionally called a ones' complement. If the source image is of middle brightness, reverse video can be difficult to see, 127 becomes 128 for example, which is only one level of brightness different. The computer displays where it was most commonly used were monochrome and only displayed two values so this issue seldom arose.
Reverse video is commonly used in software programs as a visual aid to highlight a selection that has been made as an aid in preventing description errors, where an intended action is performed on an object that is not the one intended. It is more common in modern desktop environments to change the background to other colors such as blue, or to use a semi-transparent background to "highlight" the selected text.
On a terminal understanding ANSI escape sequences, the reverse video function is activated using the escape sequence CSI 7 m (which equals SGR 7).