Explain Maven Life Cycle code example

Example: maven lifecycle

-CLEAN- Cleaning up the target folder

-VALIDATE - validating the project is correct and 
all necessary information is available

-COMPILE - compiling the source code of the project

-TEST - test the compiled source code
using a suitable unit testing framework.
These tests should not require
the code be packaged or deployed

-PACKAGE - taking the compiled code and package
it in its distributable format, such as a JAR.

-VERIFY - running any checks on results of
integration tests to ensure quality criteria are met

-INSTALL - install the package into the
local repository, for use as a dependency
in other projects locally

-DEPLOY - done in the build environment,
copies the final package to the remote
repository for sharing with other developers and projects.