The order of magnitude of a number is its approximate size, expressed as a power of 10. Essentially, it tells you how many digits a number has, or how many zeros it has after the first digit (for large numbers), or how many zeros it has before the first non-zero digit (for small numbers).
For example, 100 is 102, so its order of magnitude is 2. 1,000,000 is 106, so its order of magnitude is 6.