The document discusses many2many fields in Odoo 15 which allow objects to be related to multiple other objects. Many2many fields store multiple rows of a relation. In the example, a "Tags" field for an object is defined as a many2many field, allowing it to store multiple tag values for that object. Developers define many2many fields in the Python file using the fields.many2many() method and provide the related model. In XML views, many2many fields are displayed using the many2many_tags widget which shows linked items as tags.