The term "Web 2.0" is commonly associated with web applications that facilitate interactive information sharing, interoperability, user-centered design, and collaboration on the World Wide Web. This means that Web 2.0 applications allow users to actively participate in sharing and exchanging information, enable different systems and platforms to work together seamlessly, prioritize user experience and satisfaction in design, and promote cooperation and teamwork among users. Therefore, all of the options mentioned - interactive information sharing, interoperability, user-centered design, and collaboration - are correct associations with the term "Web 2.0".