XSS (cross-site scripting) is a client-side vulnerability that allows injection of malicious JavaScript which can then be run on a victim's browser. The document discusses different types of XSS (non-persistent, persistent, DOM-based), examples of how to perform basic and advanced XSS attacks, ways XSS has been used on major websites, and how attackers can exploit XSS vulnerabilities for activities like session hijacking, cookie stealing, clickjacking, and more.