Plain meaning
Start with the shortest useful explanation before going deeper.
Self-executing code deployed on a blockchain that automatically enforces the terms of an agreement when conditions are met. Smart contracts are immutable once deployed (unless upgradeable), transparent, and trustless. On Solana they're called 'programs'; on Ethereum they're written in Solidity and run on the EVM. They enable DeFi, NFTs, DAOs, and other decentralized applications.