A quadcopter, also called a quadrotor helicopter or quadrotor, is a multirotor helicopter that is lifted and propelled by four rotors. Quadcopters are classified as rotorcraft, as opposed to fixed-wing aircraft, because their lift is generated by a set of rotors (vertically oriented propellers).
Quadcopters generally use two pairs of identical fixed pitched propellers; two clockwise (CW) and two counterclockwise (CCW). These use independent variation of the speed of each rotor to achieve control. By changing the speed of each rotor it is possible to specifically generate a desired total thrust; to locate for the centre of thrust both laterally and longitudinally; and to create a desired total torque, or turning force.
Quadcopters are great toys and so much fun to play around with. You should really get one right now or you will regret it!