An arithmetic progression (AP) is a sequence where each term is formed by adding a fixed number, known as the common difference, to the previous term. The general form of an AP can be expressed as a + (n-1)d, where 'a' is the first term and 'd' is the common difference. The document includes examples, formulas for the nth term and sum of the first n terms, as well as methods to determine if a sequence is an AP.