Frequency capping gives advertisers the ability to specify a limit to the number of:
- clicks for all users
- impressions for all users
- impressions for a unique user
- clicks for a unique user
Explanation: Frequency is the average number of times a unique user sees your ad in a position of “1” over a given time period. Use frequency capping to help control the maximum number of times that you’d like each person to see your ad on the Display Network.
Read more here: https://support.google.com/adwords/answer/117579?hl=en