IP address
An Internet Protocol address (IP address) is a numerical label assigned to each device connected to a computer network that uses the Internet Protocol for communication.
An IP address serves two principal functions: host or network interface identification and location addressing.
Broadcast address
In contrast, a multicast address is used to address a specific group of devices and a unicast address is used to address a single device.
In Internet Protocol version 4 (IPv4) networks, broadcast addresses are special values in the host-identification part of an IP address. The all-ones value was established as the standard broadcast address for networks that support broadcast. This method of using the all-ones address was first proposed by R. Gurwitz and R. Hinden in 1982. The later introduction of subnets and Classless Inter-Domain Routing changed this slightly, so that the all-ones host address of each subnet is that subnet's broadcast address.