cc by-nc-nd
This license is the most restrictive of our six main licenses, allowing redistribution. This license is often called the “free advertising” license because it allows others to download your works and share them with others as long as they mention you and link back to you, but they can’t change them in any way or use them commercially.
If you enjoy re-editing other peoples work, i now encourage everyone to look on the right side of the screen on the vimeo pages and see what kind of copyright the original editor has set on his videos. nearly every other license on vimeo allows you to remix footage (with some rules), so there will be plenty out there.
I hope this clears things up a little bit.