Here’s something you may not know: that HDTV that you love so much probably doesn’t show the whole picture on its screen. In fact, up to five percent of the picture can get cut off around the edges—this is called overscan. It’s old technology that’s left over from the CRT (cathode ray tube) televisions of yesteryear. Here’s why it existed in the first place, why it’s still used today, and how to (hopefully) turn it off on your TV.
Source: HDTV Overscan: What It Is and Why You Should (Probably) Turn It Off