JAXB is a Java framework that generates Java classes from an XML DTD or schema. It allows Java objects to be converted to and from XML. The document discusses what JAXB is, how it works, and how to customize the generated Java classes through a binding schema. Key points include: JAXB generates classes specific to an XML DTD, it requires a DTD or schema as input, and a binding schema can customize how classes are generated to map XML elements to Java properties.