A Bounded Context is a concept from Domain-Driven Design that defines a specific boundary within which a particular model is applicable. It helps teams understand the limits of their domain and ensures that terms and concepts are used consistently. Each bounded context can have its own language, rules, and data structures, which prevents confusion when different teams work on different parts of a system. In a software project, different Bounded Contexts might represent various business areas, such as Sales, Inventory, or Customer Support. By clearly delineating these contexts, teams can work independently without stepping on each other's toes, leading to more efficient development and clearer communication.