Papal infallibility is when the Pope, who is the leader of the Roman Catholic Church, makes a statement about religious matters and it is believed that what he says is absolutely true and cannot be wrong. This means that when the Pope speaks on religious matters, he is believed to be guided by the Holy Spirit and his statements are considered to be without error.
Basically, it's like if your teacher says 2+2=4, you trust that what they say is true because they are a teacher and know what they are talking about. In the same way, Catholics believe that the Pope knows a lot about religious stuff and when he says something, he is always right because the Holy Spirit helps him say the right words.
However, this doesn't mean that everything the Pope says is infallible. It only applies to specific statements made under certain circumstances, like when he is making a declaration or teaching about the faith in a formal way. These kinds of statements are considered to be official teachings and Catholics have to believe them.
In conclusion, papal infallibility means that the Pope's religious teachings are believed to be true and cannot be wrong because the Holy Spirit helps him say the right things. However, it only applies to specific statements made in certain circumstances, and Catholics don't have to believe everything the Pope says.