The document discusses dynamic memory allocation in C using functions like malloc(), calloc(), realloc() and free(). It explains that malloc() allocates memory without initializing it, calloc() allocates memory and initializes it to zero, and realloc() resizes previously allocated memory. Examples are provided to demonstrate allocating memory for arrays, 2D arrays, structures and resizing memory. It emphasizes the importance of freeing unneeded memory to avoid memory leaks.