I recently came across a term I hadn’t heard before. 

Micro-fiction. Also known as Flash Fiction.

A few minutes of research later revealed the following:

Micro-fiction is  a VERY short story, often 500 words. 

Featuring strong imagery and emotional impact, this type of writing is often found in magazines and online platforms.

This type of writing forces writers to convey character, emotion, and plot in only a smattering of sentences.