The document discusses different types of polynomials: 1) Binomials, trinomials, and polynomials with more than three terms are examples of polynomials. 2) Homogeneous polynomials are those where all terms have the same degree. 3) Ordered polynomials have terms arranged in increasing order of exponents of one variable. 4) A complete polynomial contains all possible powers of variables up to the highest degree term. The document also notes the basic algebraic operations of addition, subtraction and multiplication can be performed on polynomials, but division of polynomials is not possible.