HSV - Hue, Saturation, and Value
Hue, Saturation, and Value (HSV) is a color model that is often used in place of the RGB color model in graphics and paint programs. In using this color model, a color is specified then white or black is added to easily make color adjustments. HSV may also be called HSB (short for hue, saturation and brightness).
Recommended Reading: Webopedia's The Science of Color and the Digital Camera Quick Reference.
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