What is Hub-and-spoke?

Hub-and-spoke meaning Route system in which an airline will fly the majority of its flights from/to the same city (the hub), thus offering several connecting possibilities, as opposed to fly a series of point-to-point flights. Example: instead of flying non-stop from Los Angeles to New York, from Phoenix to Washington, from Las Vegas to Boston, etc., an airline will offer all these routes via its hub in Chicago.