In dynamical systems people often classify (groups of) dynamical behaviours with the terminology of conic sections. Hyperbolic, elliptic and parabolic dynamics all presumably have some kind of meaning (even if it is not super precise). Hyperbolic dynamical systems are particularly well studied and are characterised by the existence of "expanding and contracting directions of the derivative". However it is not clear why we call this behaviour hyperbolic? If it is just terminology, fine - but if there is a more concise geometric meaning then I would like to know.
Finally, and to the main point of the question - how are the other classifications defined? e.g. parabolic and elliptic dynamics. There seems to be little information about these classes in their own right, meanwhile there is a lot of introductory information about the hyperbolic case. Are they not interesting? Or overly exotic? Can we provide a simple example for each?