The document discusses stacks and their implementation and use in evaluating arithmetic expressions. It defines a stack as a collection of elements that can only be inserted or removed from one end, called the top. Stacks follow a last-in, first-out (LIFO) principle. Arrays can be used to implement stacks, with a pointer tracking the current top element. Common stack operations like push, pop, peek, etc. are described. Stacks are useful for converting infix expressions to postfix and then evaluating them, as operators are processed after their operands in postfix notation.