Open Access publishing means that research publications (such as journal articles or books) are made available openly and freely online for all interested parties to use. Often Open Access publications are provided with a Creative Commons licence, allowing more extensive sharing and re-use that would be possible under traditional copyright law.
This contrasts with traditional closed access publishing, where publications are only available to those who have paid a subscription or purchase fee (or have access via a library collection where such fees have been paid on their behalf).
Open Access publication has significant benefits both for researchers/authors and for wider society as a result of the far greater accessibility of research outputs it facilitates.