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An IP (Internet Protocol) Address is a 32-bit number broken up into "quads" of 1 byte each, separated by dots. 1 byte is 8 bits which in decimal is a number in the range 0 to 255. For example, 10.234.56.71 is an IP Address. There are only so many "real" IP addresses, and they are (and have been) perpetually very close to being used up and thus are very difficult to get. One of the solutions to this problem is so-called "private" IP Addresses. These are ranges of IP Addresses set aside expressly for use by a company or other entity internally. Private IP Addresses cannot be used to connect directly to the Internet--that is they are non-routable. These are also often called RFC1918 addresses.
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