Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
Ethereum is a programmable blockchain. Rather than give users a set of pre-determined operations (e.g. bitcoin transactions), Ethereum allows users to create their own operations of any complexity they wish. https://jidex.io/btc-to-ltc
In this way, it serves as a platform for many different types of decentralized blockchain applications, including but not limited to cryptocurrencies.
Ethereum in the narrow sense refers to a suite of protocols that define a platform for decentralized applications.
Ethereum in the broad sense can be described as a decentralized world computer that executes programs called smart contracts.
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