In the broadest sense, the term impact crater can be applied to any depression, natural or manmade, resulting from the high velocity impact of a projectile with larger body. In most common usage, the term is used for the approximately circular
depression in the surface of a
planet,
moon or other solid body in the
Solar System, formed by the
hyper-velocity impact of a smaller body with the surface. Impact craters typically have raised rims, and they range from small, simple, bowl-shaped depressions to large, complex, multi-ringed, impact basins.
Meteor Crater is perhaps the best-known example of a small impact crater on the Earth.
See more at Wikipedia.org...