Earlier quoted context omitted.
I've done a lot of programming contest stuff, and at least when speaking casually, I've always heard DP as referring to either the top-down approach or the bottom-up approach. They have their tradeoffs (though usually top-down is better because it's easier to implement), but they're both DP. It may be that you're technically not supposed to use the term "DP" for the top-down variant, but in practice people use the te…
I'd say that in competitive programming, bottom-up is actually preferred. Bottom up is faster, usually shorter to code, and allows certain kinds of optimizations you can't do with top down (sliding window, convex hull trick, etc). Top down frees you from needing to think about order of computation, and also allows a different set of optimizations from bottom up (divide & conquer).
And just for fun, while we're listing these things:
Another advantage to bottom-up that I've seen is that sometimes top-down causes your recursion to get so deep that you run out of space in your call stack. Another advantage to top-down is that you're only filling in the subset of the table that's needed for the specific problem you're solving. Certainly someone with a lot of experience should be able to do both.