Question - What does RAID mean? I thought it was when you have large number or people (usually more than your regular party like Dynamis in FFXI) does 4 people + 8 people limit dungeons actually considered RAID?

I know if you do those large scale RAID dungeons with fewer people than it normally takes then sure, it still can be considered since the dungeon itself is still made for RAID... I dunno, to me it don't feel right when SE says RAID and being only 4-8 people.