I can get that a significant part of it is just "static HTML," what I don't quite get is what makes it different than just static site generation. I guess that would be the "A" part...
Marketing pretty much. Some vague cloud of "uses serverless to generate", "pushes static files to a CDN through an API", but if you drill down none of that is key to it. I.e. you'll find advocates state that if a site uses a static site generator or Netlify it's JAMStack.