4K is the hottest buzz word in the tech world right now.
In practice, you will often see UHD used interchangeably with 4K, whether describing TVs, source devices, accessories or content.
4K TV, also known as ultra HD or UHD display about four times the detail of HD.
Technically, "Ultra High Definition" is actually a derivation of the 4K digital cinema standard. However while your local multiplex shows images in native 4096 x 2160 4K resolution, the new Ultra HD consumer format has a slightly lower resolution of 3840 X 2160.
In the short term, screen sizes are likely to stabilise at 55-inches and upwards. That's because as the screen size shrinks the advantage of having such a pixel dense display starts to diminish.
Consequently, a large 4K screen is probably best viewed at a distance of between 2-3m.