(Geography-major to the rescue!)
"Visible" means just what it says, an image made using visible light. Just like a conventional camera.
"Infrared" typically means color infrared, a type of film that was developed during W.W. II. It causes anything containing chlorophyl to show up bright red. Man-made objects (bunkers, tanks, roads, etc.) tend to be shaded gray or silver.
Of course, infrared can also be thermal infrared. The most common TI imagery shows increasing levels of thermal energy as increasingly lighter shades of gray/white.