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It means different things to different people, and professionals using the term may have an intended meaning quite different from the publics perception of the word

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Just as the rights asserted in the Declaration follow the account of natural rights given by John Locke in his Essay on Civil Government, often called the Second Treatise, so too Locke there defines liberty as an action within the bounds of the law of nature, distinguishing it from licentiousness, which he defines as the condition in which mens opinions are not the product of judgment or the consequence of reasonbut the effects of chance and hazards as a mind floating at all adventures, without choice and without direction. That last sentence comes from Lockes most philosophically rigorous book, the Essay Concerning Human Understanding

Barriers to Dismantling Constitutionalism: Americas Founders and Their Safeguards Designed in the United States Constitution Against Progressivism by Gary Porter, Executive Director, Constitution Leadership Initiative