Quote:
Originally Posted by waz67
A widget is just an add-on that you can plug in to your site that provides extra functionality, like "related posts" or a blogroll, or a todo-list.
See here: WordPress Widgets
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That's all true, but a widget can also be as simple as a text box in your sidebar. The point of WordPress widgets is that they can be placed, replaced, reorganized, and removed
without knowing any code.
If you're using a widget-ready theme with the widgets plugin installed, you can use the wp-admin interface to drag and drop items into and out of your sidebar. Essentially, it makes WordPress customization more accessible to the masses. You can have a say in what your sidebar looks like without having to mess with any code.
Here's a list of WordPress themes that support widgets:
WordPress Codex: Widgets