IEEE 802.11 is a set of standards for wireless local area network (WLAN) computer communication, developed by the IEEE LAN/MAN Standards Committee (IEEE 802) in the 5 GHz and 2.4 GHz public spectrum bands.
Although the terms 802.11 and Wi-Fi are often used interchangeably, the Wi-Fi Alliance uses the term "Wi-Fi" to define a slightly different set of overlapping standards. In some cases, market demand has led the Wi-Fi Alliance to begin certifying products before amendments to the 802.11 standard are completed.
Reference:
http://en.wikipedia.org/wiki/IEEE_802.11