aw man, you're about to get creamed with "lmgtfy" (let me google that for you) comments.
cold crashing is when you take your fermenter and toss it in a colder (under 40F) for a period of time. it causes the yeast to fall out of suspension in your beer, and it makes your beer much clearer. the longer you expose your beer to this temperature, the more yeast will fall out of suspension, and the clearer your beer will be. most people cold crash for about 1-3 days (at least from what i read). i get awesome results when i cold crash for about a week. clears my beer right up.