Plain English Meaning
It is an official FAA approval that lets a qualifying operator fly an instrument approach lower than the normal minimums by using an enhanced vision system that shows the runway environment on a cockpit display.
Full Definition
An FAA-issued Operations Specification authorization that permits an eligible operator to use a certified Enhanced Flight Vision System (EFVS) to descend below the published Decision Altitude, Decision Height, or Minimum Descent Altitude on a straight-in instrument approach procedure, down to 100 feet above the touchdown zone elevation, provided the required EFVS visual references are continuously distinctly visible and identifiable to the pilot.