No; it's strictly a reference to constant RPM or variable RPM.

CAV discs contained one frame per rotation. While this meant you could only fit half an hour on one side of a disc, it did give you perfect slow-motion and freeze-frames.

I worked in a video store and loved LaserDiscs. The Duran Duran video album was CAV, and the Pioneer LD-700 had such a fast transport mechanism and remote control that I could to DJ-style "scratching" with it.