An ab is a stomach, or abdominal, muscle. Doing sit ups and crunches will help you tone your abs.
Ab is shorthand for abdominal, which comes from the Latin abdomen, "belly," and it's a common name for what's formally known as the rectus abdominus muscle. Your abs run up and down the front of your torso, on either side of your belly button. In extremely fit or muscly people with little body fat, you can actually see how the abs are separated into several sections, the so-called "six-pack."