In English...
There are two radio frequency ranges designated for wireless ranges designated for short-range "domestic" usage: 2.4GHz and 5GHz.
Most systems use the 2.4GHz range - including a lot of wireless phones, etc. which makes the range pretty crowded and noisy. Not all 2.4GHz systems play nice with each other either.
5GHz is getting to be a bit more common, but is still pretty empty. The equipment is a bit more expensive though.
Each of these ranges is divided into "channels" (a smaller range of frequencies of the whole) as well, with all devices that want to communicate with each other agreeing on a channel. In the 2.4GHz range though, the channels overlap each other, shifting only a few MHz from adjacent channels. This means that transmissions on channel 1, say, interfere at the radio level with channels, 2 and 3.
In the U.S., only 11 channels are allowed (2 more can be used with certain limitations). With each channel overlapping the two lower and two higher channels, only channels 1, 6, and 11 can co-exist without interfering with each other. This does not mean you can't share the spectrum, however, with other networks on the same or adjacent channels - but they will interfere with your total throughput.
There are also 4 "Wi-Fi" protocol standards now out there. All of them begin with the numbers "802.11" which is the section and chapter of the standards, and then there is a letter defining the "section" that defines each. Most are simply referred to as "Wireless-X", with X being the letter. They are A, B, G, and N (other letters refer to other standards that are not necessarily protocol related).
Wireless-B is the most widely adopted. It operates at 2.4GHz and gets throughput up to 11Mb/s.
Wireless-G is an improvement of Wireless-B, which boosts the speed to 54Mb/s for G-capable devices and keeps backwards compatibility, although mixing B and G devices in the same network reduces effective throughput of the network.
Wireless-A operates at the 5GHz band (and was more recently licensed in the 3.6-3.7GHz band) with throughput of 54Mb/s, but was never widely adopted. It had issues in indoor situations as well. You generally won't find this built-in to laptops, etc.
Wireless-N is the latest. It works at both 2.4GHz and 5GHz, and uses multiple input and output streams via different antennas (MIMO) to increase throughput as high as 150Mb/s.
OK, not really English.