What does continuously variable transmission mean ? Automatic or standard?

Found this on another site: A continuously variable transmission (CVT) (also known as a single-speed transmission, stepless transmission, pulley transmission, or, in case of motorcycles, a twist-and-go) is an automatic transmission that can change seamlessly through a continuous range of effective gear ratios.

Gary's answer is correct, and further the car will feel slightly sluggish on initial acceleration however it is made up as you accelerate.