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Generally speaking, most employers consider 40 hours or more to be full-time employment and anything less part-time. However, in their statistical analysis, the Bureau of Labor Statistics calculates one to 34 hours as part-time employment and 35+ as full-time. Federal law defines a part-time employee as someone who works less than 1,000 hours per year for the same firm (17.5 hours per week).
Full-Time is a direct reference to how many HOURS per week you work. It has nothing to do with the companies expectation of you to stay employed by them. Different companies all have different standards for what full-time entails but it's always in the 30's. The lowest I've seen is 32 hours.