Plain English Meaning
Strips the screen back to just the basics. When the aircraft gets into an unusual position, the display hides the extra information so the pilot can focus on getting the wings level and the nose back where it belongs.
Full Definition
On a glass cockpit Primary Flight Display, automatically removes non-essential symbology and information from the screen so that only the data needed to recover the aircraft remains visible. This typically occurs when the system detects an unusual attitude, leaving the pilot with a clean, simplified display showing attitude, airspeed, and altitude.
Context Anchor
Seen in discussions of electronic flight displays and features.