MVVM is a design pattern that stands for Model-View-ViewModel. The View represents the user interface, and should contain only visual logic. The Model contains the data model and data access logic. The ViewModel contains all the data and operations needed to display the View, without any reference to the View itself. It acts as a bridge between the View and Model, sending change notifications between them using data binding and commands. This loose coupling allows for testable and maintainable code.