noun
Polaroid picture; instant photo
Refers specifically to a photograph taken with a Polaroid camera or instant film, producing a self-developing print.
旅行の思い出にポラロイド写真を撮った。
I took a Polaroid picture as a memory of the trip.
Refers to the instant camera itself, while ポラロイド写真 is the resulting photograph.
From English 'Polaroid' (brand name) + 写真 (photograph).