What it actually means
Ethernet is the original way of getting a device onto a network. You take a physical cable, plug one end into the router and the other into your laptop, PC, console, or TV box, and the device is online without ever touching Wi-Fi. The yellow ports on the back of most routers are the Ethernet ports.
The reason Ethernet still matters in a wireless world is physics. Wi-Fi has to fight walls, microwaves, neighbours' routers, and every other wireless device in the house. A cable doesn't. The connection is private, the latency is lower, and the speed you pay for is the speed your device actually sees. Cable category matters too. Cat5e is fine for everyday household use up to a gigabit. Cat6 or Cat6a gives you headroom for gigabit speeds today and 10 Gbps tomorrow, which is worth thinking about if you're running a cable through a wall and don't want to redo it. Powerline adapters can carry Ethernet over your mains wiring when running a cable isn't practical, though quality varies a lot between brands.
At home
What this looks like in the house
Wi-Fi gets blamed for a lot of things that aren't really its fault. The teenager whose game keeps lagging at the worst possible moment. The 4K film that drops to a blurry mess every time someone walks past the kitchen. A five pound Ethernet cable from the router to the games console fixes most of it in under a minute. The connection stops dropping, the ping in the corner of the screen halves, and nobody has to reboot the router on a Sunday evening.
In business
What this looks like at work
In an office, Wi-Fi is fine for moving around with a laptop. Static kit shouldn't touch it. The card terminal that needs to authorise a payment in two seconds, the workstation running a video call, the printer that everyone shares, the till. Every one of those wants a cable. A flaky wireless connection on a card machine at lunchtime costs you the sale and the customer. Cabling the static stuff and keeping Wi-Fi for laptops is the simplest reliability upgrade a small office can make.
