These days, it tends to mean pink goo: https://en.wikipedia.org/wiki/Mechanically_separated_meat
McDonalds doesn't use either one, and stopped using the "pink slime" stuff in 2011: https://www.cnet.com/news/pink-slime-in-burgers-mcdonalds-hi...
> "McDonald's does not use lean beef trimmings treated with ammonia, what some individuals call 'pink slime,' in our burgers, and hasn't since 2011," McDonald's website also stated.
I strongly suspect McDonalds can't change their processes and supply chain quite that quickly, nor are they likely to take the PR hit now.