It's when one rail rises relative to the other at too great a rate, usually measured over a 3m or 10m (?) length to correspond roughly with the length of a bogie or a wagon inner wheelbase. It can lead to "wheel unloading" when the rail under one wheel of a four-wheel wagon or bogie is significantly lower than under the others, so the springs have to be much more extended to keep that wheel on the rail. Combined with faulty springs or poor weight distribution this can cause that wheel to jump off the track. There have been several derailments in recent years where twist is at least partly to blame.