A section is a container for an imposition grid of pages that will be in the correct sequence when folded and bound. However, the actual definition can depend on whether you are discussing a planned product component in the Assembly view or a production component in the Press Runs view. 

Press-run sections

A section on a layout is referred to as a press-run section. (This is also known as a book signature, or in JDF, as a BinderySignature.)
You can manually create a press-run section by adding a template signature or fold pattern to a layout, or creating an imposition for a layout.
After a press sheet is printed and cut, each section is folded and trimmed, and arrives at the finishing equipment as one folded signature.

Product sections

When setting up a book structure in the Assembly view or in the Products list, you organize its text part into sequentially numbered product sections. A product section represents a specific planned page range within a product assembly, which can be imposed or ganged with other product sections on a press run
You can also create press-run sections by autogenerating the press runs from product intent, or by dragging product sections from the Products list.

Multiple sections

Each section on a press-run layout represents one instance of a product section, depending on how you plan your press runs. There are many ways to create a press run with multiple sections, including these examples:

Sub-sections (Ribbons)

The concept behind sub-sections (or ribbons) is to allow bindery operations to be accomplished as part of the press running. As the paper flows through the press, the sheet (or ribbon) is cut and then transferred to the top of the next sheet (or ribbon). Then the inline finishing processes cut and fold this to produce a finished result. 

There are two ways to create a press run that has Sub-sections (or ribbons):