Background and Terminology (2)
Quite often the displayed seismogram from a volcano is a record of the vertical, short-period velocity response of a point on the earth’s surface (i.e., where that seismometer is buried).  Most seismometers record ground motion directly as a velocity trace, often measured in micrometers/s, although with digital data this can easily be converted to displacement or acceleration traces.  Vertical component means that the ground velocity are measured only in the vertical orientation.  Short-period implies that the seismic ground motions are sensitive to frequencies above about 1 Hz (or one cycle per second).
Broad-band and three-component (triaxial) seismometers are less often deployed at volcanoes (mostly because of their higher price).  Broad-band implies a low frequency response where signals as low as 120 s can be detected.  Three component means that the seismometer records vertical, north-south, and east-west ground motions as separate data traces (or seismograms).