The document explains frequency as the number of completed wave cycles per second, represented by the formula f = 1 / t, where t is the time for one cycle. It also discusses the relationship between frequency, wavelength, and wave velocity, stating that frequency is inversely related to wavelength and directly related to wave velocity, expressed in the equation f = v / λ. Various units of frequency such as hertz, kilohertz, and megahertz are mentioned.