It appears that Tom Scott is back from Lake Constance and now he's on the streets of London. The streets themselves have a story that you may not know, unless you are blind. If you know what to look for, the texture underneath your feet can tell you a lot about where you are and how to get around. A totally neat system! -via Viral Viral Videos
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Anyway, I think trying to ascribe specific definitions to those words often misses the important points. Inductive logic never results in absolute truths, as you never test every possibility. Statements in science, like most things, just come in a giant spectrum of confidence. That confidence shifts with each new observation, prediction and competing idea, but it rarely jumps discretely from one category/label to another.
Unfortunately, having some sense of where a theory falls on the confidence spectrum usually involves learning some of its history, what observations it is based on, and what alternatives are being pursued. That takes a lot more effort than just looking at its name.
Anyway, I don't mean to be negative about the video, as it is still roughly how those words are used. But it reminds me of oversimplifications that were in primary school textbooks, which do a good job of teaching the gist of a topic, but sometimes can be counterproductive when the person stumbles over a more complex case.