and just to prove that I too can copy & paste from wikipedia:
An anti-lock braking system, or ABS (from the German, Antiblockiersystem) is a safety system which prevents the wheels on a motor vehicle from locking while braking.
A rotating road wheel allows the driver to maintain steering control under heavy braking by preventing a skid and allowing the wheel to continue interacting tractively with the road surface as directed by driver steering inputs. While ABS offers improved vehicle control in some circumstances, it can also present disadvantages including increased braking distance on slippery surfaces such as ice, packed snow, gravel, steel plates and bridges, or anything other than dry pavement. ABS has also been demonstrated to create a false sense of security in drivers, who may drive more aggressively as a result.[citation needed]
Since initial widespread use in production cars, anti-lock braking systems have evolved considerably. Recent versions not only prevent wheel lock under braking, but also electronically control the front-to-rear brake bias. This function, depending on its specific capabilities and implementation, is known as electronic brakeforce distribution (EBD), traction control system (TCS or ASR), emergency brake assist (BA, EBA or HBA), or electronic stability control (ESP, ESC or DSC).
so according to the last paragraph, smee is right. sort of. oh bugger.