The document discusses the Document Object Model (DOM) and Browser Object Model (BOM). The DOM represents an HTML document as nodes that can be accessed and manipulated with JavaScript. The BOM refers specifically to the DOM within a browser context. The DOM hierarchy has the window object at the top, which contains the document and other browser-related objects like location, navigator, frames, and history. The document contains nodes that represent all elements in the HTML document and can be accessed via properties, methods, and events.