A multi-signature (multisig) cryptocurrency wallet requires multiple keys to authorize a transaction instead of a single key. Multi-sig wallets are much safer than the more common single key standard crypto wallets. Multi-signature cryptocurrency wallets eliminate a single point of failure and allow multiple keyholders to participate in the authorization of transactions.
NFT Term
Multi Signature (MultiSig)
Definition of Multi Signature (MultiSig) from the NFTguild.com glossary.

