RE: Terminology please
That's what we've been using here on this Forum. There's actally a third setting not always used on all heli's. Its called "Throttle Hold". What is does is leaves the throttle to the motor off (electric) or idle (gas/glow) and then collective inputs (pitch) are still available. This allows you to practice auto-rotations to landing. I believe the correct procedure is to hit throttle hold, take the blades to hard negative collectice to keep the rotors turning as the heli drops, then add positive collective to "flair" the heli to a soft landing just above the ground.