What does Bump Version stand for?

from: A successful Git branching model:

$ git checkout -b release-1.2 develop
Switched to a new branch "release-1.2"
$ ./bump-version.sh 1.2
Files modified successfully, version bumped to 1.2.
$ git commit -a -m "Bumped version number to 1.2"
[release-1.2 74d9424] Bumped version number to 1.2
1 files changed, 1 insertions(+), 1 deletions(-)

After creating a new branch and switching to it, we bump the version number. Here, bump-version.sh is a fictional shell script that changes some files in the working copy to reflect the new version. (This can of course be a manual change—the point being that some files change.) Then, the bumped version number is committed.

It means to increment the version number to a new, unique value.