What does the term A/B a track mean?

I believe it is basically comparing 2 different settings. One may be the default and the other may be one where you made an adjustment. You can click back and forth and compare them. I'm kinda new to this so i may not be correct !!
 
Yeah its basically to compare A to B, where A and B can be settings on a plugin, same song before and after processing or even two different songs. The important part of AB testing is that you can switch back and forth from A to B instantly, with a single click, so that you can compare them without any distraction in between. Setting up your DAW to make AB tests can be very helpful to get good results sometimes.
 
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