The uptake of material through the plasma membrane by the formation of a vesicle is , whereas the fusion of a vesicle with the plasma membrane and the release of its contents outside of the cell is called .

Endocytosis, exocytosis

Explanation:

The uptake of material through the plasma membrane by the formation of a vesicle is endocytosis, whereas the fusion of a vesicle with the plasma membrane and the release of its contents outside of the cell is called exocytosis.

Endocytosis and exocytosis are two active transport processes through which cells move macromolecules across the cell membrane.

While the former involves the capturing of materials from the surrounding of the cell and engulfing such through the cell membrane by forming a phagocytic or pinocytic vesicle, the latter involves the fusion of vesicles to the plasma membrane and the release of the contents of the vesicles to the outside of the cell.