A red giant is a luminous giant star of low or intermediate mass (roughly 0.3–8 solar masses (M☉)) in a late phase of stellar evolution. The outer atmosphere is inflated and tenuous, making the radius large and the surface temperature around 5,000 K (4,700 °C; 8,500 °F) or lower. The appearance of the red giant is from yellow-orange to red, including the spectral types K and M, but also class S stars and most carbon stars.

Red giants vary in the way by which they generate energy:

Many of the well-known bright stars are red giants, because they are luminous and moderately common. The K0 RGB star Arcturus is 36 light-years away, and Gamma Crucis is the nearest M-class giant at 88 light-years' distance.

 

Note:   The above text is excerpted from the Wikipedia article Red giant, which has been released under the GNU Free Documentation License.