The simple Guide To File Types
Photoshop Files (PSD)
Uncompressed, layered master file that can be modified in Photoshop. Typically contains faster graphics, but supports vectors too.
Illustrator File (AI)
Scalable, vector-based master file that can be modified in illustrator. Can be imported into Photoshop with limited functionality.
Universal Graphics File (EPS)
Typically contains scalable vector graphics and can be modified in illustrator. Can be imported into Photoshop with limited functionality.
Raster Graphics File (PNG)
Uncompressed raster graphics format that supports transparent backgrounds. Can be used in any software.
Raster Graphics File (JPG)
Compressed image format for reduced file size while maintaining high image quality. transparency is not supported.
OpenType Font File (OTF)
Font format supporting features like stylistic and contextual alternates, ligatures, swashes, and much more.
TrueType Font File (TTF)
Font format with basic character support some programs, like those used for vinyl cutting, only support TrueType fonts
Compressed Archive (ZIP)
Contains files/folders in a compressed format for quicker downloads. Can be extracted using default operating system